FilingsForm 4

Alibaba · Form 4 · Chief financial officer · Sale

From the public record

Filed Jun 29, 2026

Value$2.13 million

Shares175,054

Average price$12.15

FiledJun 29

The record

Issuer: Alibaba (CIK 1577552, filed as Alibaba Group Holding Ltd)
Form: 4
Accession: 0001193125-26-286743
Filed: Jun 29, 2026
Period of report: Jun 25, 2026
Reporting owner: Hong XU (CIK 2114529, filed as Xu Hong)
Relationship: officer (Chief Financial Officer)
Rule 10b5-1 checkbox: Not ticked
Line 1: M (exercise of a derivative security) · 10,000 Ordinary Shares · Jun 25, 2026 · acquired, directly · 76,550 held after · footnote F1
Line 2: M (exercise of a derivative security) · 360,000 Ordinary Shares · Jun 25, 2026 · acquired, directly · 436,550 held after · footnote F1
Line 3: M (exercise of a derivative security) · 9,000 Ordinary Shares · Jun 25, 2026 · acquired, directly · 445,550 held after · footnote F2
Line 4: M (exercise of a derivative security) · 10,000 Ordinary Shares · Jun 25, 2026 · acquired, directly · 455,550 held after · footnote F2
Line 5: S (sale) · 175,054 Ordinary Shares at $12.15 · Jun 25, 2026 · disposed, directly · 280,496 held after · footnotes F3 and F4
Derivative line 1: M (exercise of a derivative security) · 10,000 Restricted Share Units at $0.00 · Jun 25, 2026 · disposed, directly · 70,000 held after · footnotes F5 and F6
Derivative line 2: M (exercise of a derivative security) · 360,000 Restricted Share Units at $0.00 · Jun 25, 2026 · disposed, directly · 864,000 held after · footnotes F5 and F7
Derivative line 3: M (exercise of a derivative security) · 9,000 Restricted Share Units at $0.00 · Jun 25, 2026 · disposed, directly · 99,000 held after · footnotes F8 and F9
Derivative line 4: M (exercise of a derivative security) · 10,000 Restricted Share Units at $0.00 · Jun 25, 2026 · disposed, directly · 150,000 held after · footnotes F8 and F10
Footnote F1: Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting.
Footnote F2: Reflects restricted share units that vested and settled into ordinary shares.
Footnote F3: Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein.
Footnote F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in Hong Kong dollars ranging from 94.35 to 95.80 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8464 to US$1.00.
Footnote F5: Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award.
Footnote F6: Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in sixteen equal annual installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
Footnote F7: Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in annual installments of 15%, 25%, 30% and 30% beginning on Aug 14, 2025, subject to the terms and conditions of theunderlying award agreement. The vesting reported herein was as of Jun 25, 2026.
Footnote F8: Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares.
Footnote F9: Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments on beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
Footnote F10: Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments on beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.