Grab (NASDAQ: GRAB) CEO converts 800K Class B shares, sells 400K Class A

Rhea-AI Filing Summary

Grab Holdings Ltd Chief Executive Officer Anthony Tan converted 800,000 Class B Ordinary Shares into 800,000 Class A Ordinary Shares and then sold 400,000 Class A Ordinary Shares in an open-market transaction.

The conversion occurred at a stated price of $0.00 per share, reflecting the one-for-one, no-expiration feature of the Class B to Class A conversion. The sale was executed at a weighted average price of $3.6782 per share under a pre-arranged Rule 10b5-1(c) trading plan adopted by the CEO, indicating the sale timing was scheduled in advance. Following these transactions, he directly holds 425,193 Class A Ordinary Shares and 76,625,133 Class B Ordinary Shares.

Insider Trade Summary 10b5-1

Net Seller: 400,000 shares ($1,471,280)

Net Sell 3 txns

Insider Tan Anthony Ping Yeow

Role Chief Executive Officer

Sold 400,000 shs ($1.47M)

Type	Security	Shares	Price	Value
Sale	Class A Ordinary Shares	400,000	$3.6782	$1.47M
Conversion	Class B Ordinary Shares	800,000	$0.00	--
Conversion	Class A Ordinary Shares	800,000	$0.00	--

Holdings After Transaction: Class A Ordinary Shares — 425,193 shares (Direct); Class B Ordinary Shares — 76,625,133 shares (Direct)

Footnotes (1)

1. Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted by the Reporting Person on November 11, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $$3.65 to $$3.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in those transactions. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date.

Key Figures

Class A shares sold: 400,000 shares Sale price per share: $3.6782 per share Shares converted: 800,000 shares +3 more

6 metrics

Class A shares sold 400,000 shares Open-market sale at weighted average price

Sale price per share $3.6782 per share Weighted average for multiple transactions between $3.65 and $3.72

Shares converted 800,000 shares Class B Ordinary Shares converted into Class A Ordinary Shares

Class A holdings after 425,193 shares Class A Ordinary Shares directly held following transactions

Class B holdings after 76,625,133 shares Class B Ordinary Shares directly held following conversion

Conversion price $0.00 per share Stated conversion price for Class B into Class A shares

Key Terms

Rule 10b5-1(c) plan, Class B Ordinary Share, weighted average price, derivative conversion, +1 more

5 terms

Rule 10b5-1(c) plan regulatory

"Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted"

Class B Ordinary Share financial

"Each Class B Ordinary Share is convertible into one Class A Ordinary Share"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

derivative conversion financial

"transaction_action": "derivative conversion""

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tan Anthony Ping Yeow

(Last) (First) (Middle)

C/O 3 MEDIA CLOSE, #01-03/06

(Street)

SINGAPORE 138498

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Grab Holdings Ltd [ GRAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	04/09/2026		C		800,000	A	$0	825,193	D
Class A Ordinary Shares	04/10/2026		S(1)		400,000	D	$3.6782(2)	425,193	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(3)	04/09/2026		C			800,000	(3)	(3)	Class A Ordinary Shares	800,000	$0	76,625,133	D

Explanation of Responses:

1. Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted by the Reporting Person on November 11, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $$3.65 to $$3.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in those transactions.

3. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date.

Remarks:

	/s/ Liam Barker, as attorney-in-fact for Tan Anthony Ping Yeow	04/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Grab (GRAB) CEO Anthony Tan report?

Anthony Tan reported converting 800,000 Class B Ordinary Shares into 800,000 Class A Ordinary Shares, then selling 400,000 Class A shares. These moves reflect a derivative conversion followed by a partial open-market sale while retaining a large remaining share position.

How many Grab (GRAB) shares did the CEO sell and at what price?

The CEO sold 400,000 Grab Class A Ordinary Shares at a weighted average price of $3.6782 per share. The trades were executed across multiple transactions between $3.65 and $3.72, as disclosed, and were carried out under a pre-arranged trading plan.

What was the purpose of the Class B to Class A share conversion at Grab (GRAB)?

The filing shows a conversion of 800,000 Class B Ordinary Shares into 800,000 Class A Ordinary Shares. Each Class B share is convertible into one Class A share at the holder’s option with no expiration date, providing flexibility to adjust the share class structure when desired.

How many Grab (GRAB) shares does the CEO hold after these transactions?

After the reported transactions, the CEO directly holds 425,193 Class A Ordinary Shares and 76,625,133 Class B Ordinary Shares. This indicates that, despite the sale, he continues to maintain a substantial equity stake in Grab through both share classes.

Were the Grab (GRAB) CEO’s share sales under a Rule 10b5-1 plan?

Yes. The filing states the 400,000 Class A shares were sold under a Rule 10b5-1(c) trading plan adopted on November 11, 2025. Such plans pre-schedule trades, helping separate routine liquidity transactions from discretionary market-timing decisions.