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JD.com (NASDAQ: JD) Rule 144: Proposed sale of 12,800 ADRs after RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

JD.com, Inc. filing a Rule 144 notice for the proposed sale of 12,800 ADRs (each ADR represents two Class A ordinary shares). The filing shows vesting of Restricted Share Units on 04/01/2026 tied to 12,800 ADS and prior sales of 2,806 ADS on 01/02/2026.

Positive

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Negative

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Insights

Rule 144 notice documents a planned resale of ADRs after RSU vesting.

The filing lists a proposed sale of 12,800 ADRs, with the ADR defined as representing two Class A ordinary shares and RSU vesting dated 04/01/2026. It also records prior dispositions of 2,806 ADS on 01/02/2026.

Timing, method of sale, and cash‑flow recipients are not detailed in the excerpt; subsequent SEC filings or broker disclosures would show execution details and actual proceeds.

Proposed ADRs to be sold 12,800 ADRs Listed in Rule 144 notice
ADR representation 1 ADR = 2 Class A ordinary shares ADR definition shown in filing
RSU vesting date 04/01/2026 Vesting of Restricted Share Units tied to 12,800 ADS
ADS sold in past 3 months 2,806 ADS Disposition recorded on 01/02/2026
ADR financial
"ADR(each representing two Class A ordinary shares)"
An American Depositary Receipt (ADR) is a financial certificate that lets investors buy shares of a foreign company through U.S. stock markets, similar to buying a local wrapper that represents the underlying foreign shares. ADRs matter because they make investing in overseas companies easier and more liquid by trading in U.S. dollars and under U.S. market rules, while still carrying currency, regulatory, and country-specific risks that can affect share value.
Restricted Share Units financial
"Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does JD's Rule 144 filing mean for holders of JD ADRs?

It notifies the SEC of a proposed resale of 12,800 ADRs. The filing documents RSU vesting on 04/01/2026 and a prior sale of 2,806 ADS on 01/02/2026; it does not state sale timing or proceeds.

Who is listed as offering the ADRs in the JD Rule 144 notice?

The Core Securities Company Limited appears in the filing connected to the ADR line. The excerpt links that entity to the ADR record and shows the ADS instrument representing two Class A ordinary shares.

How many ADS were sold in the past three months per the filing?

The filing records 2,806 ADS sold on 01/02/2026. This is the disclosed recent disposition amount; the document does not provide sale prices or which party received proceeds in that transaction.

Were Restricted Share Units involved in the JD.com transaction?

Yes — the filing shows vesting of Restricted Share Units on 04/01/2026. The vesting entry lists 12,800 ADS/ADRs associated with that vesting event in the excerpt.
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