Grab (GRAB) CEO Anthony Tan details large Class B and equity awards
Rhea-AI Filing Summary
Grab Holdings Ltd director and CEO Anthony Tan has filed an initial ownership report detailing a substantial equity stake in the company. He directly holds Class B Ordinary Shares convertible into 77,425,133 Class A Ordinary Shares, and indirectly holds Class B Ordinary Shares convertible into 19,492,330 Class A Ordinary Shares through Hibiscus Worldwide Ltd.
He also has equity awards tied to future service and performance. These include Restricted Stock Awards over 2,460,000 and 3,353,658 Class B Ordinary Shares, and Restricted Stock Units over 1,193,649 Class B Ordinary Shares, all subject to service-based vesting starting on March 1, 2027. In addition, he holds stock options over 6,198,347 Class B Ordinary Shares at an exercise price of 4.5900 per share expiring on March 8, 2036, plus 25,193 Class A Ordinary Shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Award | -- | -- | -- |
| holding | Restricted Stock Award | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (7)
- F1. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date.
- F2. The Restricted Stock Awards ("RSAs") will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions.
- F3. Each RSA represents a contingent right to receive one Class B Ordinary Share.
- F4. The RSAs will vest equally on March 1, 2027, March 1, 2028 and March 1, 2029, subject to the satisfaction of certain service-based conditions.
- F5. The Restricted Stock Units ("RSUs") will vest fully on March 1, 2027, subject to the satisfaction of certain service-based conditions.
- F6. Each RSU represents a contingent right to receive one Class B Ordinary Share.
- F7. Consists of performance-based options granted to the reporting person, which will vest from 0% to 100% subject to the satisfaction of certain share-price performance conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.