Grab president reports initial share ownership
Grab Holdings Ltd President and COO Alexander Hungate has reported his initial equity holdings.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date.
- F3. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions.
- F4. Each RSU represents a contingent right to receive one Class B Ordinary Share.
- F5. 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
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What does the Grab (GRAB) Form 3 filing for Alexander Hungate show?
When do Alexander Hungate’s Grab (GRAB) Restricted Stock Units vest?
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