Tan Anthony Ping Yeow 4

What Happened

• Tan Anthony Ping Yeow, CEO of Grab Holdings Ltd (GRAB), sold 400,000 Class A ordinary shares in an open-market transaction on April 10, 2026 for a weighted-average price of $3.68, totaling about $1,471,280.
• On April 9, 2026 he converted 800,000 Class B ordinary shares into 800,000 Class A ordinary shares (conversion recorded as a derivative security disposition and an acquisition of Class A shares at $0.00). This conversion is 1-for-1 under the company’s Class B-to-Class A conversion terms.

Key Details

• Transaction dates: Conversion on 2026-04-09; sale on 2026-04-10. Form filed 2026-04-13 (timely).
• Sale details: 400,000 shares sold, weighted-average price $3.68; price range $3.65–$3.72; proceeds ≈ $1,471,280.
• Conversion details: 800,000 Class B shares converted to Class A (reported as acquisition of A-shares and disposition of derivative), price $0.00 per share (conversion).
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes: Sale executed pursuant to a Rule 10b5-1 trading plan adopted Nov 11, 2025 (F1). The reported sale price is a weighted average and the filer will provide exact per-price quantities on request (F2). Class B→A conversion is 1:1 with no expiration (F3).

Context

• The conversion simply changed the share class (Class B → Class A) at a 1:1 ratio and is not a purchase signal.
• The sale was made under a prearranged Rule 10b5-1 plan, which typically schedules trades in advance and is considered routine; such sales do not necessarily indicate a change in the insider’s view of the company.
• For retail investors, purchases by insiders can be more informative than routine sales; this filing primarily reports a scheduled sale and a standard class conversion.