Ryde Group (RYDE) grants CEO 10.5M Class B shares after milestones

Rhea-AI Filing Summary

Zou Junming Terence reported acquisition or exercise transactions in this Form 4 filing.

Ryde Group Ltd reported that Chairman and CEO Zou Junming Terence was awarded 10,500,000 Class B Ordinary Shares on July 2, 2026 after certain performance-based milestones were satisfied. These shares were then transferred to ABJZ Holding Ltd, which he wholly owns, bringing his indirectly held Class B stake to 30,177,175 shares.

Insights

Equity compensation analyst

Large performance-based share award increases CEO’s indirect stake.

Ryde Group Ltd granted Chairman and CEO Zou Junming Terence 10,500,000 Class B Ordinary Shares at no stated cash cost upon meeting performance-based milestones approved by the board. This is a compensation-related equity grant rather than an open-market purchase.

After issuance and transfer to ABJZ Holding Ltd, which he wholly owns, his indirectly held Class B position rose to 30,177,175 shares. The filing does not show any corresponding sale or disposition, so the transaction increases his economic exposure and voting influence tied to these Class B shares.

Insider Trade Summary

Net Buyer: 10,500,000 shares

Net Buy 1 txn

Insider Zou Junming Terence

Role Chairman of the Board and CEO

Type	Security	Shares	Price	Value
Grant/Award	Class B Ordinary Shares	10,500,000	$0.00	$0.00

Holdings After Transaction: Class B Ordinary Shares — 30,177,175 shares (Indirect, By ABJZ Holding Ltd, which is wholly owned by the Reporting Person)

Footnotes (2)

1. F1. On July 2, 2026, the issuer issued 10,500,000 Class B Ordinary Shares to the Reporting Person following the satisfaction of certain performance-based milestones approved by the issuer's board of directors. Following the issuance, the shares were transferred to ABJZ Holding Ltd, a company wholly owned by the Reporting Person, and are reported herein as indirectly beneficially owned.
2. F2. Represents Class B Ordinary Shares held by ABJZ Holding Ltd, which is wholly owned by the Reporting Person.

Key Figures

Shares awarded: 10,500,000 shares Transaction price per share: $0.0000 per share Shares after transaction: 30,177,175 shares +3 more

6 metrics

Shares awarded 10,500,000 shares Class B Ordinary Shares granted on July 2, 2026

Transaction price per share $0.0000 per share Grant/award acquisition of Class B Ordinary Shares

Shares after transaction 30,177,175 shares Class B Ordinary Shares indirectly held after grant

Transaction code A Grant, award, or other acquisition of non-derivative security

Transaction direction acquire Non-derivative grant of Class B Ordinary Shares

Ownership type Indirect (ABJZ Holding Ltd) Shares held by entity wholly owned by reporting person

Key Terms

Class B Ordinary Shares, performance-based milestones, indirectly beneficially owned, beneficially owned, +1 more

5 terms

Class B Ordinary Shares financial

"the issuer issued 10,500,000 Class B Ordinary Shares to the Reporting Person"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

performance-based milestones financial

"following the satisfaction of certain performance-based milestones approved by the issuer's board"

indirectly beneficially owned financial

"are reported herein as indirectly beneficially owned"

beneficially owned financial

"are reported herein as indirectly beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

What did Ryde Group (RYDE) disclose in this Form 4 filing?

Ryde Group disclosed that Chairman and CEO Zou Junming Terence received 10,500,000 Class B Ordinary Shares as a performance-based award, which were then transferred to ABJZ Holding Ltd, a company he wholly owns and through which he indirectly holds these shares.

How many Ryde Group Class B shares did the CEO acquire in this transaction?

The CEO was awarded 10,500,000 Class B Ordinary Shares. These shares were issued after certain performance-based milestones were satisfied and subsequently transferred to ABJZ Holding Ltd, where they are reported as indirectly beneficially owned by him in the Form 4 filing.

What is the CEO’s Class B Ordinary Share holding after this Ryde Group grant?

Following the grant and transfer, the CEO indirectly holds 30,177,175 Class B Ordinary Shares through ABJZ Holding Ltd. This figure represents his reported beneficial ownership of Class B shares after the July 2, 2026 performance-based issuance recorded in the Form 4.

Was cash paid for the 10,500,000 Ryde Group Class B shares?

The Form 4 reports a transaction price per share of 0.0000, indicating no cash consideration for the 10,500,000 Class B shares. They were issued as a grant or award after the issuer’s board confirmed that specific performance-based milestones had been achieved.

Who legally holds the newly issued Ryde Group Class B shares?

The shares were first issued to the CEO and then transferred to ABJZ Holding Ltd. The filing states ABJZ Holding Ltd is wholly owned by the CEO, so the 10,500,000 Class B shares are held by that entity and reported as indirectly beneficially owned by him.

Are these Ryde Group shares a market purchase or an equity award?

These shares are an equity award, not a market purchase. The transaction code is “A” for grant or award, the price per share is 0.0000, and the footnote explains the 10,500,000 Class B Ordinary Shares were issued after performance-based milestones approved by the board were satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 06:06 AM Accepted by SEC EDGAR 07/02/2026 - 06:05 AM Learn about SEC filing dates

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).

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^*

Zou Junming Terence

(Last) (First) (Middle)

DUO TOWER, 3 FRASER STREET, #08-21

(Street)

SINGAPORE U0 189352

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ryde Group Ltd [ RYDE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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 B Ordinary Shares	07/02/2026		A		10,500,000(1)	A	$0	30,177,175(2)	I	By ABJZ Holding Ltd, which is wholly owned by the Reporting Person

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. On July 2, 2026, the issuer issued 10,500,000 Class B Ordinary Shares to the Reporting Person following the satisfaction of certain performance-based milestones approved by the issuer's board of directors. Following the issuance, the shares were transferred to ABJZ Holding Ltd, a company wholly owned by the Reporting Person, and are reported herein as indirectly beneficially owned.

2. Represents Class B Ordinary Shares held by ABJZ Holding Ltd, which is wholly owned by the Reporting Person.

	/s/ Terence Zou	07/02/2026
	** 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)