How many restricted share units does JD executive Zhang Pang hold?

Zhang Pang holds 150,670 restricted share units, each representing contingent rights to receive one Class A ordinary share. These awards were granted from January 1, 2020 to July 1, 2025 and vest over several years.

When do Zhang Pang’s JD restricted share units vest?

The restricted share units are scheduled to vest between April 1, 2026 and April 1, 2029. This multi‑year vesting schedule aligns his compensation with JD.com’s longer-term performance and retention objectives.

Do the JD restricted share units reported have an expiration date?

The filing states that these restricted share units do not have an expiration date. Instead, they follow a defined vesting schedule from April 1, 2026 through April 1, 2029, after which vested units convert into Class A ordinary shares.

JD.com CHRO reports initial Form 3 holdings

Q: What does JD (JD.com, Inc.)’s latest Form 3 for Zhang Pang show?

The Form 3 shows existing equity holdings for JD.com’s Chief Human Resources Officer, not new trades. It lists restricted share units and American depositary shares already held, establishing a baseline of insider ownership for future comparison.

Q: What American depositary share holdings are disclosed for JD’s Zhang Pang?

The filing reports 106,632 American depositary shares held directly by Zhang Pang. Each American depositary share represents two Class A ordinary shares, giving investors a clear view of this portion of his JD.com equity exposure.

JD.com, Inc. Chief Human Resources Officer Zhang Pang filed an initial Form 3 showing existing equity holdings rather than new trades.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

JD.com, Inc. Chief Human Resources Officer Zhang Pang filed an initial Form 3 showing existing equity holdings rather than new trades. The filing reports 150,670 restricted share units, each representing the right to receive one Class A ordinary share, and 106,632 American depositary shares, each ADS representing two Class A ordinary shares. The restricted share units were granted between January 1, 2020 and July 1, 2025 and are scheduled to vest from April 1, 2026 to April 1, 2029 with no expiration date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Zhang Pang

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
holding	Restricted Share Units	--	--	--
holding	American depositary shares	--	--	--

Holdings After Transaction: Restricted Share Units — 150,670 contracts (Direct); American depositary shares — 106,632 shares (Direct)

Footnotes (3)

F1. Each American depositary share represents two Class A ordinary shares.
F2. These restricted share units were granted from January 1, 2020 to July 1, 2025. The vesting dates of these restricted share units range from April 1, 2026 to April 1, 2029. They do not have an expiration date.
F3. Each restricted share unit represents contingent rights to receive one Class A ordinary share.

FAQ

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

What does JD (JD.com, Inc.)’s latest Form 3 for Zhang Pang show?

The Form 3 shows existing equity holdings for JD.com’s Chief Human Resources Officer, not new trades. It lists restricted share units and American depositary shares already held, establishing a baseline of insider ownership for future comparison.

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

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Accepted by SEC EDGAR 03/18/2026 - 05:49 PM

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 Pang

(Last)

(First)

(Middle)

20TH FLOOR, BUILDING A,

NO. 18 KECHUANG 11 STREET

(Street)

BEIJING

101111

(City)

(State)

(Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
JD.com, Inc. [ JD ]

3a. Foreign Trading Symbol
[HKEX: 9618]

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

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

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

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)
American depositary shares⁽¹⁾	106,632	D

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Restricted Share Units	⁽²⁾	⁽²⁾	Class A ordinary shares	150,670	⁽³⁾	D

Explanation of Responses:

1. Each American depositary share represents two Class A ordinary shares.

2. These restricted share units were granted from January 1, 2020 to July 1, 2025. The vesting dates of these restricted share units range from April 1, 2026 to April 1, 2029. They do not have an expiration date.

3. Each restricted share unit represents contingent rights to receive one Class A ordinary share.

	/s/ Pang Zhang	03/18/2026
	** 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)