Alibaba Health Rewards Employees with Equity Grants

Alibaba Health Information Technology (HK:0241) has released an update.

Alibaba Health Information Technology Limited has announced the grant of 4,047,700 Restricted Share Units (RSUs) to 16 of its employees under the 2024 Share Award Scheme, which will vest over one to four years. These equity grants, provided at no purchase cost to the recipients, aim to recognize their contributions and incentivize their commitment to the company’s future growth without specific performance targets. The shares from these RSUs will rank equally with existing shares once vested and settled.

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