SEC FORM 4

SEC FORM 4SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kandal Philipp Wolfgang Josef

(Last)

(First)

(Middle)

C/O 3 MEDIA CLOSE, #01-03/06

(Street)

SINGAPORE

138498

(City)

(State)

(Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Grab Holdings Ltd [ GRAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Ordinary Shares	04/15/2026		C		569,064	A	$0	2,285,791	D
Class A Ordinary Shares	04/15/2026		A⁽¹⁾		411,906	A	$0	2,697,697	D
Class A Ordinary Shares	04/15/2026		A⁽¹⁾		471,483	A	$0	3,169,180	D
Class A Ordinary Shares	04/15/2026		A		1,006,250⁽²⁾	A	$0	4,175,430	D
Class A Ordinary Shares	04/15/2026		S⁽³⁾		30,000	D	$3.9162⁽⁴⁾	4,145,430	D
Class A Ordinary Shares	04/16/2026		S⁽³⁾		20,000	D	$4	4,125,430	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Ordinary Shares	⁽⁵⁾	04/15/2026		C			569,064	⁽⁵⁾	⁽⁵⁾	Class A Ordinary Shares	569,064	$0	0	D
Restricted Stock Unit	⁽⁶⁾	04/15/2026		D⁽¹⁾			411,906	⁽⁷⁾	⁽⁷⁾	Class B Ordinary Shares	411,906	$0	0	D
Restricted Stock Unit	⁽⁶⁾	04/15/2026		D⁽¹⁾			471,483	⁽⁸⁾	⁽⁸⁾	Class B Ordinary Shares	471,483	$0	0	D

Explanation of Responses:

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.

2. Represents 1,006,250 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.

3. Represents shares sold pursuant to a Rule 10b5-1(c) plan that was adopted by the Reporting Person on November 11, 2025.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.85 to $3.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in those transactions.

5. Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date.

6. Each RSU represents a contingent right to receive one Class B Ordinary Share.

7. The RSUs will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions.

8. 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.

Remarks:

	/s/ Liam Barker, as attorney-in-fact for Kandal Philipp Wolfgang Josef	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

SEC Form 4 filed by Kandal Philipp Wolfgang Josef