Grab (GRAB) President & COO receives 3,305-share equity award under 2021 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grab Holdings Ltd President and COO Alexander Charles Hungate received an award of 3,305 Class A Ordinary Shares at $3.20 per share, acquired under the company’s 2021 Equity Stock Purchase Plan. After this grant, he directly holds 6,257,328 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hungate Alexander Charles
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 3,305 | $3.20 | $11K |
Holdings After Transaction:
Class A Ordinary Shares — 6,257,328 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award shares: 3,305 shares
Award price: $3.20 per share
Total shares after transaction: 6,257,328 shares
3 metrics
Equity award shares
3,305 shares
Grant of Class A Ordinary Shares
Award price
$3.20 per share
Reported transaction price for the grant
Total shares after transaction
6,257,328 shares
Direct holdings following the award
Key Terms
Class A Ordinary Shares, 2021 Equity Stock Purchase Plan, Grant, award, or other acquisition
3 terms
2021 Equity Stock Purchase Plan financial
"Represents shares acquired under the Issuer's 2021 Equity Stock Purchase Plan."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Grab (GRAB) report for Alexander Hungate?
Grab reported that President and COO Alexander Charles Hungate acquired 3,305 Class A Ordinary Shares. The shares were awarded at $3.20 per share and were obtained under Grab’s 2021 Equity Stock Purchase Plan, increasing his direct share ownership in the company.
What type of transaction is reported in this Grab (GRAB) Form 4?
The Form 4 reports a grant or award acquisition of shares, coded as "A" for Grant, award, or other acquisition. It reflects 3,305 Class A Ordinary Shares acquired as part of Grab’s 2021 Equity Stock Purchase Plan, not an open-market purchase or sale.
Is the Hungate Grab (GRAB) Form 4 transaction a buy or a grant?
The transaction is a grant or award, not an open-market buy. It is coded as "A" on the Form 4 and described as a Grant, award, or other acquisition, with shares acquired under Grab’s 2021 Equity Stock Purchase Plan rather than purchased on the market.
What plan is referenced in Alexander Hungate’s Grab (GRAB) Form 4 filing?
The filing states that the 3,305 acquired shares represent stock obtained under Grab’s 2021 Equity Stock Purchase Plan. This indicates the shares were issued pursuant to an established company equity purchase program rather than through a discretionary market transaction.