STOCK TITAN

Grab (NASDAQ: GRAB) CEO sells 400,000 shares in 10b5-1 trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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, then sold 400,000 Class A shares in an open-market transaction at a weighted average price of $3.5099 per share.

The sale was executed under a pre-arranged Rule 10b5-1(c) trading plan. Following these transactions, Tan holds 425,193 Class A Ordinary Shares and 75,825,133 Class B Ordinary Shares, with each Class B share convertible into one Class A share and having no expiration date.

Positive

  • None.

Negative

  • None.
Insider Tan Anthony Ping Yeow
Role Chief Executive Officer
Sold 400,000 shs ($1.40M)
Type Security Shares Price Value
Sale Class A Ordinary Shares 400,000 $3.5099 $1.40M
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, null); Class B Ordinary Shares — 75,825,133 shares (Direct, null)
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 $3.50 to $3.54, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and 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.
Open-market sale 400,000 shares at $3.5099 Class A Ordinary Shares sold in open market
Conversion to Class A 800,000 shares Class B Ordinary Shares converted into Class A Ordinary Shares
Class A holdings after 425,193 shares Class A Ordinary Shares held after transactions
Class B holdings after 75,825,133 shares Class B Ordinary Shares held after conversion
Sale price range $3.50–$3.54 Price range for multiple sale transactions on sale date
Trading plan adoption date November 11, 2025 Date CEO adopted Rule 10b5-1(c) plan used for sale
Rule 10b5-1(c) plan regulatory
"Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted..."
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.
Class B Ordinary Share financial
"Each Class B Ordinary Share is convertible into one Class A Ordinary Share..."
A Class B ordinary share is a type of common stock that carries a specific set of rights—often different voting power or dividend priority—distinct from other share classes of the same company. Think of it like owning a different model of the same car: it gets you the ride (ownership and profit share) but may limit your say in steering (voting) or how quickly you receive payouts; investors care because these differences affect control, influence over management decisions, and potential return or liquidity.
derivative security financial
"transaction_code_description": "Conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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SEC Form 4
FORM 4UNITED 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)
SINGAPORE138498

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares06/12/2026C800,000A$0825,193D
Class A Ordinary Shares06/15/2026S(1)400,000D$3.5099(2)425,193D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares(3)06/12/2026C800,000 (3) (3)Class A Ordinary Shares800,000$075,825,133D
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 $3.50 to $3.54, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and 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 Yeow06/16/2026
** Signature of Reporting PersonDate
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 did Grab (GRAB) CEO Anthony Tan report in this Form 4 filing?

Anthony Tan reported converting 800,000 Class B Ordinary Shares into Class A shares, then selling 400,000 Class A Ordinary Shares in the open market. The transactions update his direct equity position in Grab Holdings Ltd.

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

The CEO sold 400,000 Class A Ordinary Shares at a weighted average price of $3.5099 per share. Footnotes state the trades occurred in multiple transactions between $3.50 and $3.54, inclusive, on the sale date.

Was the Grab (GRAB) CEO’s 400,000-share sale pre-planned?

Yes. The filing states the 400,000 Class A Ordinary Shares were sold under a Rule 10b5-1(c) trading plan adopted on November 11, 2025. Such plans schedule trades in advance, providing structure for insider sales.

What conversion of Grab (GRAB) shares did Anthony Tan execute?

Anthony Tan converted 800,000 Class B Ordinary Shares into 800,000 Class A Ordinary Shares. The filing notes each Class B share is convertible into one Class A share at the holder’s option and has no expiration date.

What are Anthony Tan’s Grab (GRAB) shareholdings after these transactions?

After the conversion and sale, Anthony Tan holds 425,193 Class A Ordinary Shares and 75,825,133 Class B Ordinary Shares. The Class B shares are each convertible into one Class A share, reflecting substantial ongoing equity exposure.

How does the Form 4 describe the nature of the Grab (GRAB) CEO’s sale?

The Form 4 characterizes the sale as an open-market or private transaction, coded as “S.” It specifies a weighted average sale price and offers to provide detailed trade breakdowns upon request to shareholders or regulators.