FilingsForm 4

Alibaba Chief Financial Officer Hong XU sold $1.41 million of shares on Sep 25, 2026

From the public record1 min read

Published Oct 27, 2026 · 21:34 UTCUpdated Oct 27, 2026 · 22:45 UTCFiled Sep 29, 2026

Value$1.41 million

Shares103,046

Average price$13.68

FiledSep 29

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Hong XU, Alibaba's Chief Financial Officer, sold 103,046 ordinary shares on Sep 25, 2026 at an average of $13.68 a share, or $1.41 million; the filing records restricted share units vesting that day and codes them as exercises of a derivative security. A footnote says the shares were withheld and sold in the open market in Hong Kong to satisfy tax withholding obligations, and the filing states 406,450 ordinary shares held directly after the sale. The Form 4, the form an insider files when trading the company's shares, was filed with the SEC on Sep 29, 2026; a footnote says its prices were converted from Hong Kong dollars to United States dollars.1 2 3 4 5 6 7 8 9 10 11 12 13

How each figure was checked13 facts

the reporting ownerXu HongOur database
the reporting owner's relationship to the companyofficer (Chief Financial Officer)Our database
the side of the tradesaleOur database
shares sold103,046Our database
the day of the saleSep 25, 2026Our database
the average price per share, in dollars$13.68Our database
the value of the sale, in dollars$1.41 millionOur database
line 1: an exercise of a derivative security (code M) on the day of the saleSep 25, 2026Our database
footnote F2: restricted share units that vested and settled into ordinary sharesrestricted share units that vestedFootnotes and remarks of the Form 4 filed Sep 29, 2026 ↗
the footnote on the sale line: shares withheld and sold for tax withholding obligationswithheld and sold to satisfy tax withholding obligationsFootnotes and remarks of the Form 4 filed Sep 29, 2026 ↗
the shares the form states after the last sale line406450Our database
the day the form was filedSep 29, 2026Our database
the footnote on the priceHong Kong dollars to United States dollarsFootnotes and remarks of the Form 4 filed Sep 29, 2026 ↗

The record

Issuer: Alibaba (CIK 1577552, filed as Alibaba Group Holding Ltd)
Form: 4
Accession: 0001193125-26-405899
Filed: Sep 29, 2026
Period of report: Sep 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 · Sep 25, 2026 · acquired, directly · 290,496 held after · footnote F1
Line 2: M (exercise of a derivative security) · 9,000 Ordinary Shares · Sep 25, 2026 · acquired, directly · 299,496 held after · footnote F2
Line 3: M (exercise of a derivative security) · 10,000 Ordinary Shares · Sep 25, 2026 · acquired, directly · 309,496 held after · footnote F2
Line 4: M (exercise of a derivative security) · 200,000 Ordinary Shares · Sep 25, 2026 · acquired, directly · 509,496 held after · footnote F2
Line 5: S (sale) · 103,046 Ordinary Shares at $13.68 · Sep 25, 2026 · disposed, directly · 406,450 held after · footnotes F3 and F4
Derivative line 1: M (exercise of a derivative security) · 10,000 Restricted Share Units at $0.00 · Sep 25, 2026 · disposed, directly · 60,000 held after · footnotes F5 and F6
Derivative line 2: M (exercise of a derivative security) · 9,000 Restricted Share Units at $0.00 · Sep 25, 2026 · disposed, directly · 90,000 held after · footnotes F7 and F8
Derivative line 3: M (exercise of a derivative security) · 10,000 Restricted Share Units at $0.00 · Sep 25, 2026 · disposed, directly · 140,000 held after · footnotes F7 and F9
Derivative line 4: M (exercise of a derivative security) · 200,000 Restricted Share Units at $0.00 · Sep 25, 2026 · disposed, directly · 800,000 held after · footnotes F7 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 105.60 to 108.40 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$7.8503 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 quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.
Footnote F7: Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares.
Footnote F8: 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 beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.
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 beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 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 five equal annual installments beginning on Sep 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Sep 25, 2026.