LI YANHONG ROBIN enters BAIDU, INC. with 454.36M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

LI YANHONG ROBIN

Filed: 3/18/2026ACC: 0001193125-26-112787

InsiderLI YANHONG ROBINCIK 1353270

→

IssuerBAIDU, INC.CIK 1329099

DirectorOfficer10% Owner· See Remarks

Since Mar 2026

454.36M

Baseline shares

1% direct

6.54M

Direct ownership

2 positions

5.52M

Derivative underlying

5 instruments

Security positions

447.81M indirect

Non-Derivative Holdings4

Class A ordinary shares

Direct

Shares owned3.01M

Class B ordinary shares

Indirect

Shares owned439.20M

Class A ordinary shares

Indirect

Shares owned8.61M

Class A ordinary shares

Direct

Shares owned3.53M

Total

6.54M direct·447.81M indirect454.36M

Security Title	Shares Owned	Ownership Type
Class A ordinary shares	3.01M	Direct
Class B ordinary shares	439.20M	Indirect
Class A ordinary shares	8.61M	Indirect
Class A ordinary shares	3.53M	Direct
Total	454.36M	6.54M direct·447.81M indirect

Derivative Holdings5

Restricted Shares

Indirect

Underlying security

Class A ordinary shares

Underlying shares

684.20K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Option (Right to Buy)

Indirect

Underlying security

Class A ordinary shares

Underlying shares

724.80K

Shares owned

N/A

Exercise price

21.888

Expiration

—

Exercise window

—

Stock Option (Right to Buy)

Indirect

Underlying security

Class A ordinary shares

Underlying shares

469.12K

Shares owned

N/A

Exercise price

23.251

Expiration

—

Exercise window

—

Restricted Shares

Indirect

Underlying security

Class A ordinary shares

Underlying shares

2.11M

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Indirect

Underlying security

Class A ordinary shares

Underlying shares

1.53M

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

5.52M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Shares Indirect	Class A ordinary shares		—	—	684.20K	N/A
Stock Option (Right to Buy) Indirect	Class A ordinary shares	21.888	—	—	724.80K	N/A
Stock Option (Right to Buy) Indirect	Class A ordinary shares	23.251	—	—	469.12K	N/A
Restricted Shares Indirect	Class A ordinary shares		—	—	2.11M	N/A
Restricted Shares Indirect	Class A ordinary shares		—	—	1.53M	N/A
Total					5.52M	0.00