Form 4 for GDS GDS Holdings Ltd

Accepted 2026-05-26 07:18:41 ET · period of report 2026-05-22 · accession 0001104659-26-065995 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2026-05-26 07:18	2026-05-22	GDS	Zhang Kejing	EVP, sales, service	J - Other	$0.00	+17.3K	45.5K	+61%	$0
	2026-05-26 07:18	2026-05-22	GDS	Zhang Kejing	EVP, sales, service	F - Tax	$33.80	-5,899	39.6K	-13%	-$199.4K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	American Depositary Shares	2026-05-22	J	A	17,313	$0.00	45,491	D	—	—	(F1) Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. (F2) Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions became effective on May 22, 2026 and satisfaction of time conditions. (F2) Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions became effective on May 22, 2026 and satisfaction of time conditions.
2	Common	American Depositary Shares	2026-05-22	F	D	5,899	$33.80	39,592	D	—	—	(F1) Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. (F3) Reflects ADSs sold to pay withholding tax liability in connection with the vesting and settlement of the RSUs and acquisition of the ADSs described herein. (F2) Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions became effective on May 22, 2026 and satisfaction of time conditions.