Grab Holdings COO Alexander Hungate sells 145,000 shares

Alexander Charles Hungate, the President and Chief Operating Officer of Grab Holdings Limited, sold 145,349 Class A Ordinary Shares on September 2, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which was adopted on March 24, 2026, to allow insiders to schedule sales in advance.

The shares were sold at a weighted average price of $3.48, totaling approximately $505,815. This sale represented roughly 2% of Hungate's direct equity interest in the company. Following the transaction, he retains a direct stake of approximately 6.1 million shares, valued at over $21 million based on market close prices.

Grab Holdings, a Singapore-based super-application provider operating across eight Southeast Asian countries, has seen its stock decline by 28% over the past year. Despite the insider sale, the company recently reported quarterly earnings that exceeded analyst consensus estimates.