GDS · GDS Holdings Ltd · Insider Trading
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Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-10-15 | KING JONATHAN ALLEN |
Insider |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
210 |
| 2026-10-15 | YU BIN |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,610 |
| 2026-10-15 | Liu Chee Ming |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,330 |
| 2026-10-15 | Ye Judy Qing |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,540 |
| 2026-10-15 | Chen Kathy Hua |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,890 |
| 2026-10-15 | Wojtaszek Gary J |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,330 |
| 2026-10-15 | Sun Qiang Chang |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,330 |
| 2026-10-15 | SIO TAT HIANG |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
2,500 |
| 2026-10-15 | BAHARUDIN ZULKIFLI BIN |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
2,030 |
| 2026-10-15 | Zhang David |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,330 |
| 2026-10-15 | LOPEZ BRUNO |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,750 |
| 2026-09-18 | Chen Kathy Hua |
Director |
Expiration↓
Filing footnotes — Share Options (Obligation to Sell) (Direct)
These 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. Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. |
Share Options (Obligation to Sell)
|
100 |
| 2026-08-03 | Liang Yan |
See Remarks |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects 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. |
American Depositary Shares
|
11,166 |
| 2026-08-03 | Huang William Wei |
Director, Chairman and CEO |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. |
American Depositary Shares
|
53,334 |
| 2026-08-03 | Zhang Kejing |
EVP, sales and service |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. |
American Depositary Shares
|
12,166 |
| 2026-08-03 | Newman Daniel Antony |
Chief financial officer |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. |
American Depositary Shares
|
51,374 |
| 2026-08-03 | Qian Yixin |
Executive VP, operation |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. |
American Depositary Shares
|
12,800 |
| 2026-07-15 | Sun Qiang Chang |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,130 |
| 2026-07-15 | Zhang David |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
75 |
| 2026-07-15 | Ye Judy Qing |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,320 |
| 2026-07-15 | YU BIN |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,370 |
| 2026-07-15 | Chen Kathy Hua |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
740 |
| 2026-07-15 | KING JONATHAN ALLEN |
Insider |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
180 |
| 2026-07-15 | Liu Chee Ming |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,130 |
| 2026-07-15 | BAHARUDIN ZULKIFLI BIN |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,740 |
| 2026-07-15 | SIO TAT HIANG |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
2,130 |
| 2026-07-15 | Wojtaszek Gary J |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,130 |
| 2026-07-15 | LOPEZ BRUNO |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. |
American Depositary Shares
|
1,500 |
| 2026-06-18 | Chen Kathy Hua |
Director |
Expiration↓
Filing footnotes — Share Options (Obligation to Sell) (Direct)
These 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. Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. |
Share Options (Obligation to Sell)
|
200 |
| 2026-06-18 | Chen Kathy Hua |
Director |
Expiration↓
Filing footnotes — Share Options (Obligation to Sell) (Direct)
These 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. Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. |
Share Options (Obligation to Sell)
|
200 |
| 2026-06-10 | Qian Yixin |
Executive VP, operation |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. |
American Depositary Shares
|
10,000 |
| 2026-06-02 | Ye Judy Qing |
Director |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. |
American Depositary Shares
|
37,394 |
| 2026-05-22 | Zhang Kejing |
EVP, sales and service |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. |
American Depositary Shares
|
17,313 |
| 2026-05-22 | Zhang Kejing |
EVP, sales and service |
Tax↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. 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. 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. |
American Depositary Shares
|
5,899 |
| 2026-05-15 | Liu Chee Ming |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
980 |
| 2026-05-15 | BAHARUDIN ZULKIFLI BIN |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,500 |
| 2026-05-15 | YU BIN |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,190 |
| 2026-05-15 | Sun Qiang Chang |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
980 |
| 2026-05-15 | Okada Satoshi |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
980 |
| 2026-05-15 | LIM AH DOO |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,390 |
| 2026-05-15 | KING JONATHAN ALLEN |
Insider |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
160 |
| 2026-05-15 | LOPEZ BRUNO |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,290 |
| 2026-05-15 | Wojtaszek Gary J |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
980 |
| 2026-05-15 | SIO TAT HIANG |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,840 |
| 2026-05-15 | Ye Judy Qing |
Director |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards. |
American Depositary Shares
|
1,140 |
| 2026-04-30 | Liang Yan |
See Remarks |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested (i) Restricted Stock Unit ("RSU") awards after certification of performance conditions on April 23, 2026 and satisfaction of time conditions, and (ii) Option awards. |
American Depositary Shares
|
20,775 |
| 2026-04-30 | Qian Yixin |
Executive VP, operation |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions on April 23, 2026 and satisfaction of time conditions. |
American Depositary Shares
|
52,660 |
| 2026-04-30 | Newman Daniel Antony |
Chief financial officer |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions on April 23, 2026 and satisfaction of time conditions. |
American Depositary Shares
|
161,492 |
| 2026-04-30 | Huang William Wei |
Director, Chairman and CEO |
Other↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Reflects the acquisition of ADSs upon settlement of fully vested Restricted Stock Unit ("RSU") awards after certification of performance conditions on April 23, 2026 and satisfaction of time conditions. |
American Depositary Shares
|
200,888 |