Ong Chin Yin 4

What Happened

• Ong Chin Yin, Grab's Chief Org Capability Officer, sold 38,000 ordinary shares on April 2, 2026. The filing reports a weighted-average sale price of $3.62 per share for total proceeds of approximately $137,647. This transaction is a sale (not a purchase) and was executed pursuant to a pre-established trading plan.

Key Details

• Transaction date: April 2, 2026
• Sale type/code: Open-market sale (S)
• Price: weighted average $3.62; individual trade prices ranged from $3.58 to $3.71
• Shares sold: 38,000; proceeds ≈ $137,647
• Plan: Sold pursuant to a Rule 10b5-1(c) plan adopted November 11, 2025
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Filing: Form 4 filed April 6, 2026 (filed within the SEC’s 2-business-day deadline)

Context

• Sales under 10b5-1 plans are typically pre-arranged and scheduled in advance, so they often reflect a planned disposition rather than an ad hoc view of the company. For retail investors, purchases are generally more informative about insider sentiment; this sale should be viewed as routine unless additional context is provided.