Grab (GRAB) CEO Anthony Tan sells 400,000 shares under Rule 10b5-1 plan

Rhea-AI Filing Summary

Grab Holdings Ltd Chief Executive Officer Anthony Tan reported an open-market sale of 400,000 Class A Ordinary Shares of Grab on May 11, 2026 at a weighted average price of $3.6725 per share. The trades occurred in multiple transactions at prices ranging from $3.62 to $3.75 per share. Following this sale, Tan directly holds 25,193 Class A Ordinary Shares. The filing states that the shares were sold under a pre-arranged Rule 10b5-1(c) trading plan adopted by Tan on November 11, 2025, indicating the transactions were scheduled in advance rather than timed discretionarily.

Insights

Equity capital markets analyst

CEO executes sizable pre-planned share sale under Rule 10b5-1.

Grab's CEO, Anthony Tan, executed an open-market sale of 400,000 Class A Ordinary Shares at a weighted average price of $3.6725 on May 11, 2026. After this transaction, he holds 25,193 shares directly, so the sale is large relative to his remaining direct stake.

The filing specifies that these sales were made pursuant to a Rule 10b5-1(c) trading plan adopted on November 11, 2025. Such plans are set up in advance and execute automatically, which generally makes the timing of the sale less informative about management's near-term view of the stock.

There are no derivative positions reported in this filing, and the transactionSummary shows net-sell activity of 400,000 shares. While the sale meaningfully reduces Tan's directly reported holdings, the broader impact depends on his total economic exposure through any other vehicles not described here.

Insider Trade Summary 10b5-1

Net Seller: 400,000 shares ($1,469,000)

Net Sell 1 txn

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	$3.6725	$1.47M

Holdings After Transaction: Class A Ordinary Shares — 25,193 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 $3.62 to $3.75, 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.

Key Figures

Shares sold: 400,000 shares Weighted average sale price: $3.6725 per share Post-transaction holdings: 25,193 shares +2 more

5 metrics

Shares sold 400,000 shares Class A Ordinary Shares sold on May 11, 2026

Weighted average sale price $3.6725 per share Open-market sale on May 11, 2026

Post-transaction holdings 25,193 shares Direct Class A Ordinary Shares after sale

Price range of sales $3.62–$3.75 per share Multiple transactions within this range

Net shares sold 400,000 shares Net-sell direction in transactionSummary

Key Terms

Rule 10b5-1(c) plan, weighted average price, open-market sale, Class A Ordinary Shares

4 terms

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.

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.

Class A Ordinary Shares financial

"security_title": "Class A Ordinary Shares""

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

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)
05/11/2026

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	05/11/2026		S(1)		400,000	D	$3.6725(2)	25,193	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

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 $3.62 to $3.75, 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.

Remarks:

	/s/ Liam Barker, as attorney-in-fact for Tan Anthony Ping Yeow	05/13/2026
	** 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 did Grab (GRAB) CEO Anthony Tan report in this Form 4 filing?

Anthony Tan reported selling 400,000 Class A Ordinary Shares of Grab in an open-market transaction. The weighted average sale price was $3.6725 per share, and the trades were executed across multiple prices between $3.62 and $3.75.

At what prices did Grab (GRAB) CEO Anthony Tan sell his shares?

The filing states a weighted average sale price of $3.6725 per share. It also notes the 400,000 shares were sold in multiple transactions at prices ranging from $3.62 to $3.75 per share, all on May 11, 2026.

How many Grab (GRAB) shares does CEO Anthony Tan hold after this transaction?

After completing the sale, Anthony Tan directly holds 25,193 Class A Ordinary Shares of Grab. This post-transaction balance is reported explicitly in the filing and provides context for the size of the sale relative to his remaining direct stake.

Was the Grab (GRAB) CEO’s share sale made under a Rule 10b5-1 plan?

Yes. The filing explains that the 400,000 shares were sold pursuant to a Rule 10b5-1(c) trading plan. That plan was adopted by Anthony Tan on November 11, 2025, indicating the sales were pre-arranged rather than timed opportunistically.

What type of transaction did Grab (GRAB) CEO Anthony Tan execute?

The transaction is classified as an open-market sale of non-derivative Class A Ordinary Shares. The SEC Form 4 uses transaction code “S” and describes it as a sale in an open market or private transaction, reflecting a straightforward disposition of common equity.