GDS insider files to sell 37,394 ADS (Form 144)

GDS Holdings Limited reported a Form 144 notice to sell 37,394 ordinary shares represented by ADS, with a filing date of 06/02/2026.

Rhea-AI Filing Summary

GDS Holdings Limited reported a Form 144 notice to sell 37,394 ordinary shares represented by ADS, with a filing date of 06/02/2026. The shares were acquired on 08/16/2023 under the company's incentive plan and the filing indicates a same day sale disposition. The filing lists $1,327,860.94 alongside the share count.

Insights

Securities Compliance Counsel

Form 144 flags a registered sale under Rule 144 with same‑day disposition.

The notice lists 37,394 ADS and an associated figure of $1,327,860.94, with acquisition dated 08/16/2023. The filing states the sale method as same day sale, which is a permitted disposition route when conditions are met.

Timing and lockup or volume‑limit qualifications are not shown in the excerpt; subsequent transfer records or broker reports would confirm execution and settlement details.

Equity Markets Analyst

Insider disposition is routine in scale relative to typical ADS filings; no material company change shown.

The filing ties the shares to an incentive plan vest/acquisition on 08/16/2023 and notes a same day sale method. The listed value $1,327,860.94 provides a monetary scale for the transaction.

Market impact depends on actual execution and volume relative to average daily trading; public trading data and post‑trade reporting will show realized proceeds and execution timing.

Key Figures

ADS offered: 37,394 shares Associated dollar figure: $1,327,860.94 Acquisition date: 08/16/2023 +1 more

4 metrics

ADS offered 37,394 shares listed in Form 144 filing

Associated dollar figure $1,327,860.94 number shown alongside share count in the excerpt

Acquisition date 08/16/2023 acquired under GDS incentive plan

Filing date 06/02/2026 Form 144 filing date shown

Key Terms

Form 144, ADS, same day sale, incentive plan

4 terms

Form 144 regulatory

"ORDINARY SHARES REPRESENTED BY ADS ... 06/02/2026"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

ADS financial

"ORDINARY SHARES REPRESENTED BY ADS"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

same day sale market

"06/02/2026 | SAME DAY SALE"

incentive plan corporate

"ACQUIRED STOCK UNDER GDS INCENTIVE PLAN"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GDS (GDS) disclose in the Form 144 filing?

The filing reports a proposed sale of 37,394 ADS with a filing date of 06/02/2026. It shows acquisition on 08/16/2023 under the issuer's incentive plan and lists the sale method as same day sale.

Does the Form 144 show how much the GDS sale is worth?

The notice includes the figure $1,327,860.94 alongside the share count. The excerpt pairs this dollar figure with the ADS quantity but does not state execution details or net proceeds breakdown.

Who acquired the shares that are being sold per the Form 144?

The excerpt states the shares were acquired on 08/16/2023 under the GDS incentive plan. The filing associates the shares with the issuer's incentive award acquisition date.

What does 'same day sale' mean in the GDS Form 144?

Here, same day sale indicates the filing reports a disposition method where shares acquired are intended to be sold on the same day. The excerpt lists that method but does not include execution confirmation or broker settlement details.

Will this Form 144 filing change GDS's outstanding share count?

The filing notifies a proposed sale of 37,394 ADS. It does not state any change to authorized or outstanding share counts, nor does it provide post‑transaction outstanding figures in the excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/02/2026 - 06:22 AM Learn about SEC filing dates

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	0001971426
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	GDS Holdings Ltd
SEC File Number	001-37925
Address of Issuer	F4/F5, BUILDING C, SUNLAND INTERNATIONAL NO. 999 ZHOUHAI ROAD, PUDONG, SHANGHAI CHINA 200137
Phone	86-21-2029-2200
Name of Person for Whose Account the Securities are To Be Sold	Ye Judy Qing
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	Director
Relationship to Issuer	INDEPENDENT DIRECTOR

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	37394	1327860.94	1554302551	06/02/2026	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	08/16/2023	ACQUIRED STOCK UNDER GDS INCENTIVE PLAN	GDS HOLDINGS LIMITED			37394	06/02/2026	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	3 D BASED ON CLOSING PRICE ON JUNE 1 2026 OF 35.51 3 C SHARES OR OTHER UNITS TO BE SOLD BASED AS ADS. 3 E NUMBER OF SHARES OR OTHER UNITS OUTSTANDING IS CLASS A ORDINARY SHARES UNDER SECURITIES TO BE SOLD DATE ACQUIRE RANGE FROM AUG 16 2023 TO MAY 26 2026
Date of Notice	06/02/2026
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	CONFORMED SIGNATURE ON FILE
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)