Oey Peter Henry 4

What Happened

• Peter Oey, Chief Financial Officer of Grab Holdings Ltd (GRAB), recorded multiple award and conversion transactions and an open-market sale on April 15, 2026. He sold 50,000 Class A ordinary shares in the open market at a weighted average price of $3.92 for total proceeds of approximately $196,095.
• On the same day the filing shows acquisitions/conversions totaling 3,260,817 shares (746,186 shares from conversion of a derivative security; 535,715, 631,416 and 1,347,500 shares reported as grants/awards or issuable upon vesting of RSUs). The filing also reports dispositions to the issuer and derivative disposals related to those conversions.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (filing marked late in the record).
• Sale: 50,000 shares sold open market under a Rule 10b5-1 plan at a weighted avg price $3.92 (range $3.84–$3.96) — proceeds ≈ $196,095. (Footnote F3 & F4)
• Awards/conversions: net reported acquisitions/conversions equal 3,260,817 shares (various RSU grants and derivative conversions). Some shares were simultaneously reported as disposed to the issuer (likely settlement/withholding mechanisms shown as dispositions). (Footnotes F1, F2, F6)
• Vesting: RSUs referenced vest on staggered dates (equal vesting on Mar 1, 2027 / Mar 1, 2028 and some over Mar 1, 2027–2029) subject to service conditions. (F7, F8)
• Share class mechanics: RSUs represent contingent rights to Class B ordinary shares; each Class B is convertible into one Class A; issuer will deliver Class A shares upon vesting per agreement. (F5, F6, F1)
• Shares owned after the transactions: not stated in the filed information provided.

Context

• Most activity is award/conversion-related (acquisitions), which are typically compensation vesting events rather than open-market purchases. The single open-market sale was executed under a pre-arranged 10b5-1 plan, which is commonly used to sell shares on a scheduled basis. Dispositions to the issuer reported in the filing commonly reflect shares surrendered to satisfy tax-withholding obligations upon vesting (the filing shows such dispositions but does not label them as tax withholding explicitly).