Grab (NASDAQ: GRAB) president reports initial Form 3 share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Grab Holdings Ltd President and COO Alexander Hungate has reported his initial equity holdings. He directly owns 3,304,767 Class A Ordinary Shares, which include 678,026 Class A shares that may be issued upon vesting of the same number of Restricted Stock Units, subject to service-based conditions.
He also holds derivatives: 691,974 Class B Ordinary Shares convertible into the same number of Class A shares with no expiration, and two blocks of Restricted Stock Units over 509,524 and 547,351 Class B shares. These RSUs vest in equal installments on March 1, 2027, 2028 and, for one grant, 2029, provided service conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hungate Alexander Charles
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 691,974 shares (Direct);
Restricted Stock Unit — 509,524 shares (Direct);
Class A Ordinary Shares — 3,304,767 shares (Direct)
Footnotes (1)
- Includes 678,026 Class A Ordinary Shares issuable upon the vesting of the same number of Restricted Stock Units ("RSUs") granted to the reporting person. The RSUs will vest subject to the satisfaction of certain service-based conditions. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions. Each RSU represents a contingent right to receive one Class B Ordinary Share. The RSUs will vest equally on March 1, 2027, March 1, 2028 and March 1, 2029, subject to the satisfaction of certain service-based conditions.
FAQ
What does the Grab (GRAB) Form 3 filing for Alexander Hungate show?
The Form 3 shows President and COO Alexander Hungate’s initial ownership in Grab. He holds 3,304,767 Class A Ordinary Shares, plus multiple grants of Restricted Stock Units that may convert into Class A or Class B shares if service-based vesting conditions are satisfied.
When do Alexander Hungate’s Grab (GRAB) Restricted Stock Units vest?
The filing states his RSUs vest over several years. One grant vests equally on March 1, 2027 and March 1, 2028. Another vests equally on March 1, 2027, 2028 and 2029. All vesting is subject to the satisfaction of specified service-based conditions.