Hungate Alexander Charles 4
Research Summary
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Grab (GRAB) President & COO Alexander Hungate Sells 144,093 Shares
What Happened Alexander Charles Hungate, President & COO and a Director of Grab Holdings Ltd (GRAB), disposed of 144,093 shares on June 23, 2026. The reported weighted-average sale price was $3.45 per share, producing aggregate proceeds of approximately $496,905. The sale is reported on a Form 4 filed June 25, 2026.
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (filed within the typical two-business-day window).
- Transaction type/code: Sale (S) — reported as open-market or private sale.
- Shares sold: 144,093; weighted-average price: $3.45; total proceeds ≈ $496,905.
- Price range: shares sold in multiple trades at prices from $3.39 to $3.49 (footnote).
- Footnote F1: Shares were sold pursuant to a Rule 10b5‑1(c) trading plan adopted March 24, 2026.
- Footnote F2: Weighted average disclosed; the filer will provide a per-trade breakdown on request.
- Shares owned after the transaction: not provided in the summary data supplied.
Context Sales under 10b5‑1 plans are prearranged and commonly used to systematically sell equity; they do not by themselves indicate the insider’s current view of the company’s prospects. This was a straight sale of existing shares (not an option exercise, award, or gift).