Grab Holdings (GRAB) exec converts Class B stock and gains major RSU awards
Rhea-AI Filing Summary
Grab Holdings’ Chief Org Capability Officer Ong Chin Yin reported several equity compensation transactions involving Class A and Class B Ordinary Shares and Restricted Stock Units (RSUs).
Ong converted 417,117 Class B Ordinary Shares into the same number of Class A Ordinary Shares in a derivative conversion. She also received grants totaling 307,144 and 329,926 Class A Ordinary Shares, plus 690,750 Class A Ordinary Shares issuable upon vesting of an equal number of RSUs at no cash cost.
Certain RSUs vest in equal installments on March 1, 2027 and March 1, 2028, and others on March 1, 2027, March 1, 2028 and March 1, 2029, subject to service-based conditions. After these transactions, Ong directly holds 3,860,988 Class A Ordinary Shares. The filing does not show any open-market purchases or sales; dispositions reflect issuer-related RSU movements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Ordinary Shares | 417,117 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 307,144 | $0.00 | -- |
| Disposition | Restricted Stock Unit | 329,926 | $0.00 | -- |
| Conversion | Class A Ordinary Shares | 417,117 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 307,144 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 329,926 | $0.00 | -- |
| Grant/Award | Class A Ordinary Shares | 690,750 | $0.00 | -- |
Footnotes (1)
- Pursuant to an agreement between the Reporting Person and the Issuer, effective as of April 15, 2026, the Issuer shall deliver to the Reporting Person Class A Ordinary Shares instead of Class B Ordinary Shares upon vesting of these Restricted Stock Units ("RSUs"). The vesting conditions for these RSUs remain unchanged. Represents 690,750 Class A Ordinary Shares issuable upon the vesting of the same number of RSUs granted to the Reporting Person. The RSUs will vest subject to the satisfaction of certain service-based conditions. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date. Each RSU represents a contingent right to receive one Class B Ordinary Share. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions. The RSUs will vest equally on March 1, 2027, March 1, 2028 and March 1, 2029, subject to the satisfaction of certain service-based conditions.