Ong Chin Yin 4

What Happened

• Ong Chin Yin, Grab Holdings Ltd's Chief Organizational Capability Officer, sold 38,000 Class A ordinary shares in an open-market transaction at a weighted-average price of $3.59 for proceeds of about $136,405.
• On the same date she also completed net exercises of stock options that resulted in receiving a total of 6,318 Class A ordinary shares (1,728 + 4,590) after surrendering 260 and 896 shares, respectively, to cover option exercise price/tax withholding. Those net exercises did not involve additional open-market purchases.

Key Details

• Transaction date: May 4, 2026. Form 4 filed May 6, 2026 (appears timely).
• Sale: 38,000 shares sold under a Rule 10b5-1 plan (adopted Nov 11, 2025) at a weighted-average price $3.59; reported price range $3.55–$3.63. Proceeds ≈ $136,405.
• Option exercises (net): resulting in receipt of 1,728 and 4,590 shares (total 6,318). To cover exercise price/withholding, 260 and 896 shares were surrendered, valued using the May 1, 2026 closing price of $3.67. These were net (cashless) exercises with the issuer and involved no market sale.
• Transaction codes: S = sale (open market under 10b5-1); M = option exercise/conversion; F = shares surrendered for exercise price/tax withholding.
• Shares owned after transaction: not provided in the supplied filing details.

Context

• The open-market sale was executed under a pre-arranged Rule 10b5-1 plan, which is generally used to automate planned sales and can limit the informational value of the sale as a signal.
• The option activity was a net (cashless) exercise: shares were converted and a portion surrendered to cover exercise cost/withholding, rather than selling newly issued shares into the market.
• For retail investors, purchases or open-market buys often carry clearer bullish signals; here the combination of a pre-set sale plan and net option exercises is largely administrative/compensation-related rather than a straightforward buy/sell opinion on the stock.