Uber details major Grab (GRAB) stake as CEO leaves Grab board
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Uber Technologies, Inc. filed an amended Schedule 13D reporting its large shareholding in Grab Holdings Ltd. Uber remains the beneficial owner of 535,902,982 Class A ordinary shares, equal to about 13.5% of Grab’s outstanding Class A shares and approximately 5.5% of the issuer’s total voting power as of January 31, 2026.
The amendment mainly reflects a governance change: on July 6, 2026, Dara Khosrowshahi, Uber’s Chief Executive Officer, stepped down from Grab’s board of directors. Following his resignation, Uber states it is not currently engaging in discussions with Grab’s management, board, other shareholders, or related parties about business strategy, board composition, management, or other matters that could lead to the types of corporate actions described in Item 4 of Schedule 13D.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 535,902,982 Class A shares
Class A ownership percentage: 13.5% of Class A
Total Class A shares outstanding: 3,972,725,983 shares
+3 more
6 metrics
Beneficial ownership
535,902,982 Class A shares
Uber’s beneficial ownership of Grab Class A ordinary shares
Class A ownership percentage
13.5% of Class A
Portion of outstanding Grab Class A shares as of January 31, 2026
Total Class A shares outstanding
3,972,725,983 shares
Grab Class A ordinary shares issued and outstanding as of January 31, 2026
Voting power held
5.5% voting power
Uber’s voting power in Grab’s common shares, reflecting Class B shares
Class B shares outstanding
127,755,800 Class B shares
Grab Class B ordinary shares outstanding as of January 31, 2026
Date of board resignation
July 6, 2026
Effective date of Dara Khosrowshahi’s resignation from Grab’s board
Key Terms
beneficial owner, sole voting power, Schedule 13D, percent of class, +1 more
5 terms
beneficial owner financial
"The Reporting Person is the beneficial owner of 535,902,982 Class A ordinary shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"The Reporting Person has sole voting and sole dispositive power over an aggregate of 535,902,982 Class A ordinary shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
percent of class financial
"Percent of class represented by amount in Row (11) 13.5 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
voting power financial
"Represents approximately 5.5% of the voting power of the common shares of the Issuer"
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
FAQ
What percentage of Grab’s voting power does Uber hold according to the Schedule 13D/A?
Uber’s Class A holdings represent approximately 5.5% of Grab’s total voting power. This reflects the presence of 127,755,800 Class B ordinary shares outstanding as of January 31, 2026, which carry additional voting rights and dilute the influence of Class A holdings.
Why did Uber amend its Schedule 13D for Grab (GRAB)?
The amendment primarily updates governance information rather than share ownership levels. It discloses that Dara Khosrowshahi, Uber’s CEO, resigned from Grab’s board on July 6, 2026, and clarifies Uber’s current lack of discussions on potential corporate actions under Item 4.
What board change at Grab is disclosed in this Schedule 13D/A?
The document states that Dara Khosrowshahi stepped down from Grab’s board of directors effective July 6, 2026. He is Uber’s Chief Executive Officer, so his departure changes Uber’s direct board-level representation at Grab while Uber continues to hold a large equity position.
Is Uber pursuing strategic changes at Grab following this amendment?
The filing specifies that, after Dara Khosrowshahi’s resignation from Grab’s board, Uber is not currently engaging in discussions with Grab’s management, board, or other shareholders about strategy, control, or similar actions that would fall under subparagraphs (a) through (j) of Item 4.