GDS director David Zhang files initial insider report

GDS Holdings Ltd director David Zhang has filed an initial insider ownership report on Form 3.

Rhea-AI Filing Summary

GDS Holdings Ltd director David Zhang has filed an initial insider ownership report on Form 3. This filing establishes his status as a director and provides a baseline disclosure of his position with the company. The report does not list any insider share purchases, sales, or derivative holdings.

Key Terms

Form 3, insider ownership, director

3 terms

Form 3 regulatory

"Director David Zhang files an initial Form 3 with GDS Holdings Ltd"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

insider ownership financial

"It is an initial insider ownership statement and, in this case, shows no reported transactions"

The percentage of a company’s stock held by people with access to inside information or control, typically officers, directors and large shareholders who work at or help run the business. It matters to investors because it shows how much “skin in the game” insiders have and can signal alignment of interests, potential for concentrated control, and effects on share liquidity—like neighbors owning most of a street, which changes how decisions are made and how easy it is for others to move in or out.

director financial

"reports that David Zhang is a director"

FAQ

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

What does the GDS Form 3 filing by David Zhang report?

The Form 3 for GDS Holdings Ltd reports that David Zhang is a director. It is an initial insider ownership statement and, in this case, shows no reported transactions or derivative positions.

Does the GDS Form 3 show David Zhang buying or selling shares?

No. The Form 3 summary for David Zhang shows zero buy, sell, or other insider transactions. It functions solely as a baseline disclosure of his status as a director of GDS Holdings Ltd.

Are any stock options or derivatives reported for David Zhang in this GDS filing?

No derivative positions are listed for David Zhang in this Form 3. The derivative summary is empty, so there are no disclosed options, warrants, or similar instruments associated with his initial ownership report.

What insider role does David Zhang hold at GDS Holdings Ltd?

According to the Form 3, David Zhang is a director of GDS Holdings Ltd. He is not reported as an officer or a ten percent owner in this filing, which focuses on his director status.

Why is a Form 3 important for GDS shareholders?

Form 3 establishes a baseline record of an insider’s relationship with GDS Holdings Ltd. It helps investors track future Form 4 or Form 5 filings by the same insider to understand changes in holdings over time.

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

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Accepted by SEC EDGAR 07/02/2026 - 07:04 AM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Zhang David

(Last) (First) (Middle)

C/O F4/F5, BLDG C, SUNLAND INTERNATIONAL

NO. 999 ZHOUHAI ROAD, PUDONG

(Street)

SHANGHAI 200137

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/25/2026

3. Issuer Name and Ticker or Trading Symbol
GDS Holdings Ltd [ GDS ]

3a. Foreign Trading Symbol
[9698]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ David Zhang	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)