Zhang Kejing, Executive Vice President of Sales and Service at GDS Holdings Ltd (NASDAQ: GDS), filed a statement of changes in beneficial ownership on August 4, 2026, reporting the acquisition of American Depositary Shares through the settlement of restricted stock units on August 3, 2026.

Key Highlights

  • Reporting person: Zhang Kejing, EVP of Sales and Service at GDS Holdings Ltd
  • Transaction date: August 3, 2026, with the filing submitted on August 4, 2026
  • Shares acquired: 12,166 American Depositary Shares at a price of $0, via transaction code J
  • RSU settlement: Acquisition reflects fully vested Restricted Stock Unit awards settled after certification of performance conditions and satisfaction of time conditions
  • Post-transaction ownership: Zhang Kejing beneficially owns 51,758 ADSs directly following the transaction
  • ADS structure: Each ADS represents eight Class A ordinary shares of GDS Holdings Ltd

RSU Settlement Details for GDS Holdings EVP Zhang Kejing

According to the filing, Zhang Kejing acquired 12,166 American Depositary Shares of GDS Holdings Ltd, a data center operator listed on NASDAQ under the ticker GDS with a foreign trading symbol of 9698. The transaction, coded "J," was recorded at a price of $0, consistent with the nature of an RSU settlement rather than an open-market purchase. The filing notes that each ADS represents eight Class A ordinary shares of the company.

The filing states that the acquisition reflects "the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ('RSU') awards after certification of performance conditions on August 3, 2026 and satisfaction of time conditions." Following this transaction, Zhang Kejing directly beneficially owns 51,758 ADSs. No derivative securities were reported in Table II of the filing. The filing was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

GDS Holdings Ltd disclosed that EVP Zhang Kejing received 12,166 ADSs on August 3, 2026, through RSU settlement at $0 per share. Post-transaction, Zhang Kejing directly and beneficially owns 51,758 ADSs of GDS Holdings Ltd.