Grab Holdings Executive's $455K Share Disposal Follows Recent Selling Streak
Rhea-AI Filing Summary
Grab Holdings insider Chin Yin Ong has filed Form 144 indicating intent to sell 100,000 shares of common stock with an aggregate market value of $455,350 through Morgan Stanley Smith Barney. The planned sale is scheduled for June 23, 2025 on NASDAQ.
The shares were acquired on March 1, 2025, through restricted stock vesting under a registered plan. The filing reveals previous selling activity by the same insider over the past 3 months:
- June 3, 2025: 38,000 shares sold for $188,457.20
- May 2, 2025: 38,000 shares sold for $185,709.80
- April 3, 2025: 38,000 shares sold for $161,971.20
The total outstanding shares of Grab Holdings are 3.95 billion. This Form 144 represents a declaration of proposed sale of restricted securities, with the insider affirming no knowledge of undisclosed material adverse information regarding the company.
Positive
- None.
Negative
- Insider Chin Yin Ong plans to sell 100,000 shares worth $455,350, following a pattern of consistent selling with 114,000 shares ($536,138) already sold in the past 3 months