SEC Form 4 · accession 0001104659-26-089786
GDS Holdings Ltd · GDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yan Liang
Officer — See Remarks
Period of report
Aug 3, 2026
Accepted (ET)
Aug 3, 2026 · 4:04 pm 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 | Aug 3, 2026 | J | 11,166 | $0.00 | A | 90,824 | D | |
| Class A ordinary shares | holding | — | — | — | 376,024 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares.
- F2Reflects the acquisition of ADSs upon settlement of fully vested (i) Restricted Stock Unit ("RSU") awards after certification of performance conditions on August 3, 2026 and satisfaction of time conditions, and (ii) Option awards.
Remarks
Executive vice president, data center operation and delivery