Grab (GRAB) president receives 1,344,500 RSUs and converts 691,974 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grab Holdings President and COO Alexander Charles Hungate reported compensation-related share movements involving Class A and Class B Ordinary Shares. On April 15, 2026, he converted 691,974 Class B Ordinary Shares into the same number of Class A Ordinary Shares at no stated price, increasing his direct Class A holdings.
He also received awards totaling 2,401,375 Class A Ordinary Shares, including 509,524, 547,351 and 1,344,500 shares tied to Restricted Stock Units (RSUs) granted at no cash cost. Two RSU awards covering 509,524 and 547,351 Class B-linked RSUs were simultaneously disposed of back to the issuer.
Footnotes state that each RSU corresponds to one share, with future vesting based on service conditions. The RSUs are scheduled to vest in equal installments on March 1, 2027, March 1, 2028 and March 1, 2029, while the company will deliver Class A shares instead of Class B upon vesting. Following these transactions, Hungate directly holds 6,398,116 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
691,974 shares exercised/converted
Mixed
7 txns
Insider
Hungate Alexander Charles
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Ordinary Shares | 691,974 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 509,524 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 547,351 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 691,974 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 509,524 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 547,351 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 1,344,500 | $0.00 | -- |
Holdings After Transaction:
Class B Ordinary Shares — 0 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Class A Ordinary Shares — 3,996,741 shares (Direct)
Footnotes (1)
- Pursuant to an agreement between the Reporting Person and the Issuer, effective as of April 15, 2026, the Issuer shall deliver to the Reporting Person Class A Ordinary Shares instead of Class B Ordinary Shares upon vesting of these Restricted Stock Units ("RSUs"). The vesting conditions for these RSUs remain unchanged. Represents 1,344,500 Class A Ordinary Shares issuable upon the vesting of the same number of 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. Each RSU represents a contingent right to receive one Class B Ordinary Share. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions. 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.
Key Figures
Class B to Class A conversion: 691,974 shares
RSUs canceled to issuer: 509,524 RSUs
Additional RSUs canceled: 547,351 RSUs
+5 more
8 metrics
Class B to Class A conversion
691,974 shares
Class B Ordinary Shares converted into Class A on April 15, 2026
RSUs canceled to issuer
509,524 RSUs
Restricted Stock Units disposed of to issuer on April 15, 2026
Additional RSUs canceled
547,351 RSUs
Second RSU block disposed of to issuer on April 15, 2026
New RSU-linked Class A award
1,344,500 shares
Class A Ordinary Shares issuable upon RSU vesting, service-based
Other Class A share awards
509,524 and 547,351 shares
Class A Ordinary Share grants reported on April 15, 2026
Post-transaction holdings
6,398,116 Class A shares
Direct Class A Ordinary Shares held after all transactions
RSU vesting dates (two-year schedule)
March 1, 2027 and March 1, 2028
RSUs vest equally across these dates, service-based
RSU vesting dates (three-year schedule)
March 1, 2027–March 1, 2029
RSUs vest equally across three dates, service-based
Key Terms
Restricted Stock Unit, Class B Ordinary Share, service-based conditions, contingent right, +1 more
5 terms
Restricted Stock Unit financial
"Represents 1,344,500 Class A Ordinary Shares issuable upon the vesting of the same number of RSUs"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
service-based conditions financial
"The RSUs will vest subject to the satisfaction of certain service-based conditions"
contingent right financial
"Each RSU represents a contingent right to receive one Class B Ordinary Share"
conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
FAQ
What did Grab (GRAB) President Alexander Hungate report in this Form 4?
Alexander Hungate reported equity compensation changes, not open-market trades. He converted 691,974 Class B Ordinary Shares into Class A, received several Class A share and RSU grants, and returned certain RSUs to the issuer, ending with 6,398,116 Class A shares held directly.
What RSU grants did Grab (GRAB) award to Alexander Hungate?
Hungate received RSU-linked awards for 1,344,500, 547,351 and 509,524 Class A Ordinary Shares. Footnotes explain that each RSU converts into one share, subject to service-based vesting conditions, with the company agreeing to deliver Class A rather than Class B shares upon vesting.
When will Alexander Hungate’s new Grab (GRAB) RSUs vest?
The RSUs are scheduled to vest in equal installments on March 1, 2027, March 1, 2028 and March 1, 2029. Actual vesting depends on meeting specified service-based conditions, meaning continued employment or service requirements tied to these grant schedules.