4Filed Aug 17, 8:00 PM ET
Grab (GRAB) CPO Philipp Kandal Sells 30,000 Shares
$GRAB · Grab Holdings LtdResearch Summary
AI-generated summary of this SEC filing
Grab (GRAB) CPO Philipp Kandal Sells 30,000 Shares
What Happened
- Philipp Kandal, Chief Product Officer of Grab Holdings (GRAB), reported the sale of 30,000 shares on August 14, 2026. The shares were disposed at a weighted-average price of $3.64 per share for total proceeds of about $109,182. The filing indicates these sales were made pursuant to a pre-established Rule 10b5-1(c) trading plan.
Key Details
- Transaction date: August 14, 2026.
- Transaction type: Sale (open market/private sale), code S.
- Price: Weighted average $3.64; individual trade prices ranged from $3.61 to $3.69.
- Total proceeds: Approximately $109,182.
- Plan note: Sold under a 10b5-1(c) plan adopted November 11, 2025 (Footnote F1).
- Price detail note: Weighted average; reporting person will provide breakdown of shares sold at each price on request (Footnote F2).
- Shares owned after transaction: Not provided in the excerpt of the filing.
- Filing timeliness: Form filed August 18, 2026 — within the standard two-business-day reporting window following the August 14 transaction.
Context
- This was a sale under an established 10b5-1 plan, which typically means trades were pre-scheduled and not necessarily a contemporaneous signal about the insider’s view of the company. Sales are common for liquidity or diversification; purchases usually carry stronger informational weight for investors.