Did the Ryde Group CEO’s economic interest change after these share transfers?

According to the disclosure, the transfer of Class B Ordinary Shares to ABJZ Holding Ltd does not affect the CEO’s pecuniary interest. He continues to hold the same economic interest, but now indirectly through his wholly owned holding company.

Ryde Group (RYDE) CEO shifts 3.5M Class B shares to holding firm

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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 received a grant of 3,500,000 Class B Ordinary Shares at no cost after meeting performance-based milestones described in a prior Form 6-K. On the same date, he transferred these Class B shares to ABJZ Holding Ltd, a company he wholly owns, for estate planning and holding purposes. The transfer is described as a change in the form of ownership that does not affect his economic interest in the shares. Following these transactions, Zou’s Class B holdings are reported as held indirectly through ABJZ Holding Ltd, with total share ownership stated as 16,177,175 shares after the transactions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Zou Junming Terence

Role Chairman of the Board and CEO

Type	Security	Shares	Price	Value
Grant/Award	Class B Ordinary Shares	3,500,000	$0.00	--
Other	Class B Ordinary Shares	3,500,000	$0.00	--
Other	Class B Ordinary Shares	3,500,000	$0.00	--

Holdings After Transaction: Class B Ordinary Shares — 16,177,175 shares (Direct); Class B Ordinary Shares — 16,177,175 shares (Indirect, By ABJZ Holding Ltd, which is wholly owned by the Reporting Person.)

Footnotes (1)

The Class B Ordinary Shares were issued by the issuer to the Reporting Person upon satisfaction of performance-based milestones, as described in the Issuer's Form 6-K furnished on April 7, 2026. On April 7, 2026, the Reporting Person transferred the Class B Ordinary Shares to ABJZ Holding Ltd, a company wholly owned by the Reporting Person, for estate planning and holding purposes. This transaction represents only a change in the form of ownership and does not affect the Reporting Person's pecuniary interest in the securities. Following the reported transactions, the Reporting Person does not hold any Class B Ordinary Shares directly, and all such shares are held indirectly through ABJZ Holding Ltd.

Key Figures

Class B shares granted: 3,500,000 shares Restructuring transfers: 7,000,000 shares Total shares following transaction: 16,177,175 shares +1 more

4 metrics

Class B shares granted 3,500,000 shares Performance-based grant to CEO on April 7, 2026

Restructuring transfers 7,000,000 shares Two J-code transactions related to ownership restructuring

Total shares following transaction 16,177,175 shares Beneficial ownership after reported transactions

Price per share for grant $0.00 per share Class B grant to CEO upon milestone satisfaction

Key Terms

Class B Ordinary Shares, performance-based milestones, Form 6-K, estate planning, +1 more

5 terms

Class B Ordinary Shares financial

"The Class B Ordinary Shares were issued by the issuer 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

"issued by the issuer to the Reporting Person upon satisfaction of performance-based milestones"

Form 6-K regulatory

"as described in the Issuer's Form 6-K furnished on April 7, 2026"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

estate planning financial

"transferred the Class B Ordinary Shares to ABJZ Holding Ltd ... for estate planning and holding purposes"

A set of instructions and legal steps that decide who gets your money, property and other assets, and who will manage them if you become unable to do so. For investors it matters because thoughtful planning can reduce taxes and delays, protect heirs, and keep investments from being tied up in court—think of it as a clear map and emergency kit that preserves value and directs where assets go when you can’t.

pecuniary interest financial

"does not affect the Reporting Person's pecuniary interest in the securities"

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 06:05 AM

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

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)
04/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Ordinary Shares	04/07/2026		A		3,500,000⁽¹⁾	A	$0	16,177,175	D
Class B Ordinary Shares	04/07/2026		J		3,500,000	D	$0	16,177,175	D
Class B Ordinary Shares	04/07/2026		J		3,500,000	A	$0	16,177,175	I	By ABJZ Holding Ltd, which is wholly owned by the Reporting Person.⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The Class B Ordinary Shares were issued by the issuer to the Reporting Person upon satisfaction of performance-based milestones, as described in the Issuer's Form 6-K furnished on April 7, 2026.

2. On April 7, 2026, the Reporting Person transferred the Class B Ordinary Shares to ABJZ Holding Ltd, a company wholly owned by the Reporting Person, for estate planning and holding purposes. This transaction represents only a change in the form of ownership and does not affect the Reporting Person's pecuniary interest in the securities. Following the reported transactions, the Reporting Person does not hold any Class B Ordinary Shares directly, and all such shares are held indirectly through ABJZ Holding Ltd.

	/s/ Terence Zou	04/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ryde Group (RYDE) disclose for its CEO?

Ryde Group disclosed that CEO Zou Junming Terence received a grant of 3,500,000 Class B Ordinary Shares after meeting performance-based milestones, then transferred those shares to his wholly owned ABJZ Holding Ltd for estate planning, changing only the form of ownership.

How many Ryde Group Class B shares were granted to the CEO in this Form 4?

The filing shows a grant of 3,500,000 Ryde Group Class B Ordinary Shares to CEO Zou Junming Terence at a price of $0.00 per share, issued upon satisfaction of performance-based milestones referenced in an earlier Form 6-K.

Why were Ryde Group (RYDE) Class B shares transferred to ABJZ Holding Ltd?

The Form 4 states that on April 7, 2026, the CEO transferred the Class B Ordinary Shares to ABJZ Holding Ltd, a company he wholly owns, for estate planning and holding purposes, representing only a change in the form of ownership.

How many Ryde Group shares does the CEO hold after the reported transactions?

The Form 4 reports that following the grant and subsequent transfer, CEO Zou Junming Terence beneficially owns a total of 16,177,175 shares, with all Class B Ordinary Shares held indirectly through ABJZ Holding Ltd.

Were the Ryde Group CEO’s Class B shares acquired in the open market?

No. The Class B Ordinary Shares were issued to the CEO upon satisfaction of performance-based milestones and then transferred to ABJZ Holding Ltd. The transactions occurred at a stated price of $0.00 per share, not as open-market purchases or sales.