Grab COO Hungate buys 299K shares at $2.89
Grab’s President & COO reported an open-market share purchase, increasing his direct holdings to over 6.4 million Class A Ordinary Shares.
Rhea-AI Filing Summary
Grab Holdings Ltd (GRAB) director and President & COO Alexander Charles Hungate purchased 299,571 Class A Ordinary Shares on September 21, 2026 in an open-market or private transaction at a weighted average price of $2.8936 per share, with trade prices ranging from $2.87 to $2.91. Following this purchase, he directly holds 6,411,550 shares. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 299,571 shares
Net Buy
1 txn
Insider
Hungate Alexander Charles
Role
President and COO
Bought
299,571 shs ($867K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares F1 | 299,571 | $2.8936 | $867K |
Holdings After Transaction:
Class A Ordinary Shares — 6,411,550 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.87 to $2.91, 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 purchased at each separate price in those transactions.
Key Figures
Shares purchased: 299,571 shares
Weighted average purchase price: $2.8936 per share
Price range of trades: $2.87–$2.91 per share
+1 more
4 metrics
Shares purchased
299,571 shares
Class A Ordinary Shares bought on September 21, 2026
Weighted average purchase price
$2.8936 per share
Average price across multiple trades on September 21, 2026
Price range of trades
$2.87–$2.91 per share
Range for individual purchase transactions on September 21, 2026
Shares owned after transaction
6,411,550 shares
Direct holdings of Alexander Charles Hungate following the reported purchase
Key Terms
Class A Ordinary Shares, weighted average price, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The price reported 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.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GRAB report for Alexander Charles Hungate?
Alexander Charles Hungate, President & COO and director of Grab Holdings Ltd, purchased 299,571 Class A Ordinary Shares on September 21, 2026 in an open-market or private transaction.
What type of security did the GRAB insider purchase?
The transaction involved Class A Ordinary Shares of Grab Holdings Ltd, reported as a non-derivative security in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.