SEC Form 4 · accession 0001104659-26-083699
GDS Holdings Ltd · GDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathy Hua Chen
Director
Period of report
Jul 15, 2026
Accepted (ET)
Jul 15, 2026 · 6:28 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001526125
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| American Depositary SharesF1,F2 | Jul 15, 2026 | A | 740 | $0.00 | A | 50,740 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Options (Obligation to Sell)F3,F1 | $47.00 | Jun 18, 2026 | E | 200 | D | — | Jun 18, 2026 | American Depositary Shares | 20,000 | 0 | D |
| Share Options (Obligation to Sell)F3,F1 | $50.00 | Jun 18, 2026 | E | 200 | D | — | Jun 18, 2026 | American Depositary Shares | 20,000 | 0 | D |
| Share Options (Obligation to Sell)F3,F1 | $60.00 | holding | — | — | — | — | Sep 18, 2026 | American Depositary Shares | 10,000 | 100 | D |
Explanation of responses
- F1Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares.
- F2Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant.
- F3These share options can be exercised early if the ADS price is above the exercise price, or closed if the reporting person chooses to buy back the share options.