David Zhang Receives Stock Award at GDS Holdings Ltd (GDS) — SEC Form 4, Oct 15, 2026

SEC Form 4 · No Market Transaction

Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner

David Zhang

Director

TXN 2026-10-15 · FILED 2026-10-15

Equity Position 1.41K sh 75 → 1,405

Equity Change +1773.3% shares held after vs before

Filing Lag 0 business days within 2-day SEC deadline

Form 4 · Statement of Changes in Beneficial Ownership

GDS Holdings Ltd

GDS CIK 0001526125

Reporting Owner

Name	Relationship
David Zhang CIK 0002117642	Director

David Zhang at GDS Holdings Ltd Full insider history

Bought (12 mo) —

Sold (12 mo) —

More from this insider at GDS Holdings Ltd

Award

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Non-Derivative Securities Transactions

Title	Date	Type	Shares	Price	Net Total	Post-Txn	Ownership
American Depositary SharesF1 F2 F2	2026-10-15	A - Award/Grant	1,330 A	$0.00	—	1,405	Direct

Footnotes (2)

F1: Each American Depositary Share ("ADS") represents eight (8) Class A ordinary shares. Show more
F2: Reflects the acquisition of ADSs upon settlement of Restricted Stock Unit ("RSU") awards fully vested immediately upon their grant. Show more

Institutional Holders

Largest by reported value

5%+ Holders · 13D/G 2 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at GDS Holdings Ltd

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