Grab insider sales continue with 600K-share Form 144 notice

Rhea-AI Filing Summary

Grab Holdings Limited reported a proposed sale of 600,000 common shares to be executed through Morgan Stanley Smith Barney LLC, with an aggregate market value of $3,174,000 based on the notice. The shares represent a portion of the company's 3,950,499,876 outstanding shares and the sale is noted as occurring on 09/10/2025.

The filer states the 600,000 shares were acquired on 06/12/2018 by exercising Class B stock options and that those Class B ordinary shares will be converted to Class A ordinary shares in connection with the proposed sales. The filing also discloses three recent sales by the same person during the past three months totaling 1,150,000 shares for gross proceeds of $5,274,620 (sales on 06/20/2025: 750,000 for $3,409,800; 07/10/2025: 200,000 for $989,620; 08/11/2025: 200,000 for $965,380). The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and notes possible reliance on a Rule 10b5-1 trading plan.

Positive

• None.

Negative

• The filer plans to sell 600,000 shares with an aggregate market value of $3,174,000, which represents an insider disposition that could be perceived negatively by some investors.
• The same person sold 1,150,000 shares in the prior three months for gross proceeds of $5,274,620, indicating continued insider selling activity.

Insights

Securities Analyst

TL;DR: Insider sale of 600,000 shares (~$3.17M) after prior 1.15M sales; transaction is notable but not clearly material to company valuation.

The filing documents an additional proposed sale by an insider or related person totaling 600,000 common shares, following three recent disposals of 1,150,000 shares in the prior three months. The sales were executed under a mix of open market and 10b5-1 plan mechanics, generating aggregate gross proceeds of $5.27M in the period described. For a company with nearly 3.95 billion shares outstanding, the incremental dilution or market pressure from these blocks is limited in isolation, though recurring insider sales warrant monitoring for signaling or liquidity needs. Analysis should be paired with market volume and recent trading price context not provided in this notice.

Corporate Governance Expert

TL;DR: Documented insider exercise and subsequent planned sales, with a compliance representation; standard governance disclosures observed.

The form confirms the shares were acquired by exercise of options in 2018 and that Class B shares will convert to Class A prior to sale, which is a typical post-exercise conversion step. The filer makes the required attestation regarding absence of undisclosed material information and references the date of any 10b5-1 plan adoption, aligning with regulatory expectations. From a governance perspective, the filing meets Rule 144 disclosure requirements but does not provide information about any broader insider compensation changes or company-specific developments.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	600000	3174000.00	3950498976	09/10/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/12/2018	Acquired Class B shares through exercise of stock options; Class B ordinary shares to be converted to Class A ordinary shares in connection with the proposed sales	Issuer			600000	06/12/2018	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for ANTHONY TAN PING YEOW 3 Media Close. #01-03/06 Singapore U0 138498	Common	08/11/2025	200000	965380.00
10b5-1 Sales for ANTHONY TAN PING YEOW 3 Media Close. #01-03/06 Singapore U0 138498	Common	07/10/2025	200000	989620.00
ANTHONY TAN PING YEOW 3 Media Close. #01-03/06 Singapore U0 138498	Common	06/20/2025	750000	3409800.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Form 144 for GRAB disclose about the proposed sale?

The notice reports a proposed sale of 600,000 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $3,174,000 and an approximate sale date of 09/10/2025.

How many shares has the filer sold in the past three months?

The filer sold a total of 1,150,000 shares in the past three months: 750,000 on 06/20/2025, 200,000 on 07/10/2025, and 200,000 on 08/11/2025.

How were the 600,000 shares acquired?

The shares were acquired on 06/12/2018 by exercising Class B stock options; those Class B shares will be converted to Class A ordinary shares in connection with the proposed sales.

Did the filing indicate use of a Rule 10b5-1 trading plan?

The filing references sales labeled as 10b5-1 for prior transactions and includes the standard representation related to adoption of a 10b5-1 plan or instructions, but it does not provide the plan adoption date in the visible fields.

Who is the executing broker for the proposed sale?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC at 1 New York Plaza, New York, NY.