GDS CFO receives 161,492 ADSs from RSU settlement
GDS Holdings Ltd chief financial officer Daniel Antony Newman reported compensation-related share activity, not open-market trading.
Rhea-AI Filing Summary
GDS Holdings Ltd chief financial officer Daniel Antony Newman reported compensation-related share activity, not open-market trading. The filing shows an entry coded as an “other acquisition or disposition” involving 161,492 American Depositary Shares (ADSs), at a stated price of $0.00 per ADS.
According to the footnotes, this reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit (RSU) awards after certification of performance conditions on April 23, 2026 and satisfaction of time-based conditions. After this settlement, Newman directly owned 989,384 ADSs and indirectly owned 200,000 ADSs through Ofira Capital Limited, a British Virgin Islands company of which he is the sole beneficial owner. Each ADS represents eight Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 161,492 shares
Other
2 txns
Insider
Newman Daniel Antony
Role
Chief financial officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | American Depositary Shares | 161,492 | $0.00 | $0.00 |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 989,384 shares (Direct);
American Depositary Shares — 200,000 shares (Indirect, By Ofira Capital Limited)
Footnotes (3)
- F1. Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares.
- F2. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions on April 23, 2026 and satisfaction of time conditions.
- F3. Ofira Capital Limited is a limited liability company established in the British Virgin Islands, of which Mr. Newman is the sole beneficial owner.
Key Figures
RSU settlement ADSs: 161,492 ADSs
Direct ADS holdings after transaction: 989,384 ADSs
Indirect ADS holdings: 200,000 ADSs
+1 more
4 metrics
RSU settlement ADSs
161,492 ADSs
Other acquisition or disposition on April 30, 2026 via RSU settlement
Direct ADS holdings after transaction
989,384 ADSs
Total American Depositary Shares held directly after April 30, 2026 transaction
Indirect ADS holdings
200,000 ADSs
Held indirectly by Ofira Capital Limited as of April 30, 2026
ADS to ordinary share ratio
8 Class A shares per ADS
Each American Depositary Share represents eight Class A ordinary shares
Key Terms
American Depositary Shares, Restricted Stock Unit, Other acquisition or disposition, indirect ownership, +1 more
5 terms
Restricted Stock Unit financial
"Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
beneficial owner financial
"Ofira Capital Limited is ... of which Mr. Newman is the sole beneficial owner."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did GDS (GDS) disclose for CFO Daniel Newman?
GDS disclosed that CFO Daniel Newman reported an “other acquisition or disposition” involving 161,492 American Depositary Shares (ADSs). The shares were received at a stated price of $0.00 per ADS, reflecting settlement of previously granted Restricted Stock Unit awards after conditions were satisfied.
How many GDS (GDS) ADSs does CFO Daniel Newman hold after this Form 4?
After the reported transactions, CFO Daniel Newman held 989,384 ADSs directly. The filing also shows an additional 200,000 ADSs held indirectly through Ofira Capital Limited, bringing his total reported direct and indirect ADS holdings to more than 1.18 million.
What is the nature of the 161,492 ADS transaction reported by GDS (GDS)?
The 161,492 ADS transaction is coded as a “J” event, described as an other acquisition or disposition. Footnotes explain it reflects settlement of fully vested RSU awards after performance conditions were certified on April 23, 2026 and time-based conditions were met, rather than a market purchase.
What indirect holdings does CFO Daniel Newman report in GDS (GDS)?
The filing lists 200,000 ADSs held indirectly with ownership type marked as “I” and nature of ownership “By Ofira Capital Limited.” A footnote states Ofira Capital Limited is a British Virgin Islands company of which Mr. Newman is the sole beneficial owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.
