JD.com (JD) director Carol Yun Yau Li files initial holdings report

Rhea-AI Filing Summary

JD.com, Inc. director Carol Yun Yau Li filed an initial statement of beneficial ownership. She holds restricted share units covering 18,658 Class A ordinary shares, granted on April 1, 2025 and scheduled to vest on September 23, 2026. She also directly holds 18,084 American depositary shares, with each ADS representing two Class A ordinary shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Li Carol Yun Yau

Role Director

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

Holdings After Transaction: Restricted Share Units — 18,658 shares (Direct); American depositary shares — 18,084 shares (Direct)

Footnotes (1)

1. Each American depositary share represents two Class A ordinary shares. These restricted share units were granted on April 1, 2025 and will vest on September 23, 2026. They do not have an expiration date. Each restricted share unit represents contingent rights to receive one Class A ordinary share.

Understanding Insider Trading Forms →

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

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1. Name and Address of Reporting Person^*

Li Carol Yun Yau

(Last) (First) (Middle)

TOWER B 36/F, 8 JIANGUOMENWAI AVENUE,

CHAOYANG DISTRICT

(Street)

BEIJING 00000

(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)

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)
American depositary shares(1)	18,084	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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(2)	(2)	Class A ordinary shares	18,658	(3)	D

Explanation of Responses:

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

2. These restricted share units were granted on April 1, 2025 and will vest on September 23, 2026. They do not have an expiration date.

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

	/s/ Carol Yun Yau Li	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)

FAQ

What does JD (JD.com, Inc.)’s latest Form 3 filing show for Carol Yun Yau Li?

The Form 3 shows director Carol Yun Yau Li’s initial beneficial ownership in JD.com, Inc. She holds 18,658 restricted share units for Class A ordinary shares and 18,084 American depositary shares, all directly owned, establishing her equity stake at the time of filing.

How many restricted share units does Carol Yun Yau Li hold in JD (JD.com, Inc.)?

Carol Yun Yau Li holds 18,658 restricted share units tied to JD.com’s Class A ordinary shares. These units were granted on April 1, 2025 and are scheduled to vest on September 23, 2026, providing contingent rights to receive one Class A ordinary share per unit upon vesting.

When do Carol Yun Yau Li’s JD (JD.com, Inc.) restricted share units vest?

Her restricted share units in JD.com, Inc. vest on September 23, 2026. The grant occurred on April 1, 2025, and each restricted share unit represents a contingent right to receive one Class A ordinary share when the vesting condition is met on that date.

How many JD.com, Inc. American depositary shares does Carol Yun Yau Li own?

She directly owns 18,084 American depositary shares of JD.com, Inc. According to the filing, each American depositary share represents two Class A ordinary shares, so these ADSs are backed by a corresponding pool of underlying Class A ordinary shares at that ratio.

What is the relationship between JD.com, Inc. ADSs and Class A ordinary shares?

Each JD.com, Inc. American depositary share represents two Class A ordinary shares. This means ADS holders have economic exposure to the underlying Class A ordinary shares at a two-to-one ratio, simplifying trading for investors who prefer ADSs over directly holding the ordinary shares.

Does the JD (JD.com, Inc.) Form 3 for Carol Yun Yau Li show any recent buying or selling?

The Form 3 is an initial statement of beneficial ownership and lists Carol Yun Yau Li’s existing holdings. It does not report explicit buy or sell transactions, but instead records her restricted share units and American depositary shares as of the reported ownership date.