Alibaba Chief People Officer Sells $12M in Ordinary Shares

Executive Summary

On September 30, 2026, Jiang Fang, Chief People Officer of Alibaba Group Holding Ltd ($BABA), executed an open-market sale of 885,272 Ordinary Shares at a weighted average price of $13.55 per share (converted from HK$105.70 to HK$107.00 per share at HK$7.84593 per US$1.00), totaling approximately $12.0 million.

Transaction Details

• Date of Transaction: September 30, 2026
• Security: Ordinary Shares
• Transaction Code: S (Open-market or private sale)
• Shares Sold: 885,272
• Price Per Share: $13.55
• Total Disposition Value: $11,995,435.60
• Rule 10b5-1 Plan: Not indicated as under a 10b5-1 plan

Holdings Analysis

Following this transaction:

• Direct Ownership: 4,679,097 Ordinary Shares
• Indirect Ownership: 23,116,864 Ordinary Shares held by trust
• Total Post-Transaction Ownership: 27,795,961 Ordinary Shares
• Percentage Reduction: The sale represented approximately 15.9% of the reporting owner's direct holdings and approximately 3.1% of their aggregate direct and indirect holdings.