Grab (NASDAQ: GRAB) CTO reports large RSU awards and Class B to Class A conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grab Holdings Ltd Chief Technology Officer Paradatheth Suthen Thomas reported several equity compensation changes on April 15, 2026. He converted 627,280 Class B Ordinary Shares into the same number of Class A Ordinary Shares through a derivative conversion and now holds 4,380,372 Class A Ordinary Shares directly.
On the same date, certain Restricted Stock Units (RSUs) tied to Class B shares were disposed of to the issuer, while new grants of Class A Ordinary Shares were awarded, including 459,524, 503,271 and 1,134,750 Class A shares subject to service-based vesting conditions. An agreement provides that future RSU vesting will deliver Class A instead of Class B shares, with vesting schedules extending to March 1, 2029 and existing vesting conditions remaining unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
627,280 shares exercised/converted
Mixed
7 txns
Insider
Paradatheth Suthen Thomas
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Ordinary Shares | 627,280 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 459,524 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 503,271 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 627,280 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 459,524 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 503,271 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 1,134,750 | $0.00 | -- |
Holdings After Transaction:
Class B Ordinary Shares — 0 shares (Direct);
Restricted Stock Unit — 0 shares (Direct);
Class A Ordinary Shares — 2,282,827 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 1,134,750 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: 627,280 shares
Post-transaction Class A holdings: 4,380,372 shares
Class A grant: 459,524 shares
+4 more
7 metrics
Class B to Class A conversion
627,280 shares
Class B Ordinary Shares converted into Class A Ordinary Shares on April 15, 2026
Post-transaction Class A holdings
4,380,372 shares
Direct Class A Ordinary Shares held after April 15, 2026 transactions
Class A grant
459,524 shares
Class A Ordinary Shares recorded as a grant or award acquisition
Additional Class A grant
503,271 shares
Class A Ordinary Shares recorded as a grant or award acquisition
RSU-linked Class A shares
1,134,750 shares
Class A Ordinary Shares issuable upon vesting of the same number of RSUs
RSU vesting dates (two tranches)
March 1, 2027 & March 1, 2028
RSUs vest equally on these dates, subject to service-based conditions
RSU vesting dates (three tranches)
March 1, 2027–March 1, 2029
RSUs vest equally on March 1, 2027, 2028 and 2029, subject to service-based conditions
Key Terms
Restricted Stock Unit, Class B Ordinary Share, Class A Ordinary Share, service-based conditions, +1 more
5 terms
Restricted Stock Unit financial
"Each RSU represents a contingent right to receive one Class B Ordinary Share."
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."
vesting financial
"The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did GRAB CTO Paradatheth Suthen Thomas report?
He reported equity compensation changes including a conversion of 627,280 Class B Ordinary Shares into Class A Ordinary Shares and multiple Class A share grants, alongside dispositions of Restricted Stock Units back to the issuer on April 15, 2026.
What new equity awards did the GRAB CTO receive in this Form 4?
He received several Class A Ordinary Share awards recorded as grant or award acquisitions, including transactions for 459,524 shares, 503,271 shares and 1,134,750 shares. The 1,134,750-share award represents the same number of RSUs, each convertible into one Class A share upon vesting.
When will the GRAB CTO’s new RSUs vest according to the filing?
The RSUs tied to these awards vest based on service conditions. One set vests equally on March 1, 2027 and March 1, 2028, while another vests equally on March 1, 2027, March 1, 2028 and March 1, 2029, as long as required service conditions are satisfied.