Grab CFO Peter Oey Sells 50,000 Shares Under 10b5-1 Plan
Grab Holdings Limited CFO Peter Oey sold 50,000 Class A Ordinary Shares on July 15, 2026, at a weighted average price of $3.83 per share, according to an SEC Form 4 filing. The transaction was conducted under a pre-arranged 10b5-1 trading plan, which the article notes should not be interpreted negatively as it avoids any implication of trading on non-public information. CEO Anthony Tan and CPO Philipp Kandal also sold shares earlier in July under similar plans. The article highlights that Grab's stock has significantly underperformed the market, losing 33.2% over the past year compared to a 22.9% gain for the Nasdaq Composite and 19.9% for the S&P 500. Grab operates a super-app platform across eight Southeast Asian countries, offering ride-hailing, food delivery, package delivery, and financial services.
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