Alibaba Group (NYSE:BABA) Insider Fang Jiang Sells 4,889 Shares of Company Stock
MarketBeat
Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) insider Fang Jiang sold 4,889 shares of the business's stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $13.57, for a total value of $66,343.73. Following the transaction, the insider owned 5,564,369 shares of the company's stock, valued at approximately $75,508,487.33. The trade was a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:BABA