[144] GDS Holdings Limited ADS SEC Filing

Rhea-AI Filing Summary

Form 144 filing by a holder of GDS Holdings Limited (GDS) ADS: The filer notifies a proposed sale of 15,000 ADS representing ordinary shares, acquired on 08/26/2024 as a restricted share units release under the GDS incentive plan from GDS Holdings Limited. The broker named is Georgeson Securities Corporation and the filing lists an approximate sale date of 08/26/2025 on NASDAQ, with an aggregate market value shown as $498,150.00 and 1,665,829,316 shares outstanding. The filing states same day sale as the nature of payment and reports no securities sold in the past three months. The signer certifies no undisclosed material adverse information.

Positive

• Full disclosure of key sale details including number of ADS, acquisition date, acquisition type, broker, and intended sale date
• Transaction sourced from RSU release under the GDS incentive plan, with the grantor identified as GDS Holdings Limited
• No reported sales in the past three months, indicating this is not part of a recent pattern of disposals

Negative

• None.

Insights

Financial Analyst

TL;DR Routine insider sale notice: 15,000 ADS from RSU release, scheduled for same-day sale via Georgeson on NASDAQ.

This Form 144 is a standard required disclosure for an intended sale by a person who received securities through a restricted share unit release. The size of the proposed transaction (15,000 ADS, $498,150 aggregate market value) is explicitly stated along with the acquisition date, source (GDS Holdings Limited), broker, and intended sale date one year after acquisition. The filing reports no sales in the prior three months and includes the statutory certification about material nonpublic information. For investors, this is a transparency event rather than a corporate operational update.

Compliance/Risk Analyst

TL;DR Compliance disclosure appears complete: acquisition type, broker, sale timing, and certification are provided.

The document supplies the essential elements required under Rule 144: class of securities (ADS), acquisition date and nature (RSU release), amount (15,000 ADS), broker details, intended sale date, and representation regarding material nonpublic information. It also indicates a same-day sale execution method and that no related sales occurred in the past three months. From a regulatory perspective, the filing meets the filing content shown here; no additional compliance exceptions are apparent within the provided text.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ORDINARY SHARES REPRESENTED BY ADS	GEORGESON SECURITIES CORPORATION 144 FERNWOOD AVE EDISON NJ 08837	15000	498150.00	1665829316	08/26/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ORDINARY SHARES REPRESENTED AS ADS	08/26/2024	RESTRICTED SHARE UNITS RELEASE UNDER GDS INCENTIVE PLAN	GDS HOLDINGS LIMITED			15000	08/26/2025	SAME DAY SALE

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the size and value of the proposed GDS ADS sale?

The filing states 15,000 ADS with an aggregate market value of $498,150.00.

When were the securities acquired and by what method?

The ADS were acquired on 08/26/2024 as a restricted share units release under the GDS incentive plan.

Who is the broker handling the proposed sale for GDS (symbol: GDS)?

The named broker is Georgeson Securities Corporation located at 144 Fernwood Ave, Edison, NJ.

What is the planned sale date and execution method for the GDS ADS?

The approximate date of sale is 08/26/2025 and the nature of payment is listed as a same day sale.

Does the filing report any GDS securities sold in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Does the filer represent possession of material nonpublic information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.