[144] Kingsoft Cloud Holdings Limited American SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Kingsoft Cloud Holdings Limited (ADS) discloses a proposed sale of 15,362 American Depositary Shares (each ADS represents fifteen Class A ordinary shares) through TIGER BROKERS (NZ) LIMITED on NASDAQ with an aggregate market value of $208,462.34. The filing shows the ADS were acquired on 08/22/2025 under Share Incentive Plans from Kingsoft Cloud Holdings Limited and the intended sale is also dated 08/22/2025. The filer reports no sales of the issuer's securities in the past three months and indicates a cashless payment/settlement method for the acquisition. The notice includes the standard representation that the seller has no undisclosed material adverse information about the issuer.

Positive

• Clear disclosure of sale details including broker, quantity, aggregate market value, and intended sale date
• Securities acquired under Share Incentive Plans, suggesting routine employee/insider liquidity rather than unusual market activity
• No sales reported in the prior three months, indicating this is an isolated transaction

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine insider notice: small, disclosed sale under Rule 144 from share incentive plan, compliant with reporting requirements.

The filing is a standard Rule 144 notice documenting a proposed sale of 15,362 ADS valued at $208,462.34 through a registered broker on NASDAQ. The securities were acquired under the company's Share Incentive Plans and the transaction is described as cashless. The filer indicates no other sales in the prior three months and includes the required attestation about material undisclosed information. From a compliance perspective, the form contains the essential fields needed for a Rule 144 notice and identifies the broker, quantity, acquisition date, and settlement method.

Equity Research Analyst

TL;DR: Immaterial insider selling event relative to company scale; disclosed but unlikely to be market-moving.

The disclosed aggregate value (~$208k) is small relative to the issuer's reported outstanding ADS count (3,539,136,595), implying this sale is immaterial to overall capitalization. The sale stems from Share Incentive Plans, indicating routine employee/insider liquidity rather than a strategic disposition. No recent sales in the prior three months are reported, which suggests this is an isolated planned sale rather than part of a larger pattern. Investors would typically view this as a routine, non-material insider transaction based on the figures provided in the notice.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing fifteen Class A ordinary shares	TIGER BROKERS(NZ) LIMITED Level 27, 151 Queen Street Auckland CBD Q2 1010	15362	208462.34	3539136595	08/22/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing fifteen Class A ordinary shares	08/22/2025	Share Incentive Plans	Kingsoft Cloud Holdings Limited			15362	08/22/2025	Cashless

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Kingsoft Cloud (KC) disclose?

The Form 144 discloses a proposed sale of 15,362 ADS (each ADS = 15 Class A shares) with an aggregate market value of $208,462.34 via TIGER BROKERS (NZ) LIMITED on NASDAQ.

When were the ADS acquired according to the filing?

The filing states the ADS were acquired on 08/22/2025 under the company's Share Incentive Plans.

What payment/settlement method is indicated for the acquisition?

The acquisition and settlement are described as cashless in the filing.

Did the filer report any sales of the issuer's securities in the past three months?

No. The filing notes Nothing to Report for securities sold during the past three months.

What exchange and broker are involved in the proposed sale?

The proposed sale is listed with TIGER BROKERS (NZ) LIMITED and the exchange is NASDAQ.