Grab's Chief Operating Officer Buys Nearly 300,000 Shares for $867,000 After Stock Hits 52-Week Low

Grab Holdings executive Alexander Charles Hungate, the company’s President and Chief Operating Officer, bought 299,571 Class A ordinary shares for about $867,000 on September 21, 2026, according to an SEC Form 4 filing. The weighted-average purchase price was $2.89 per share, slightly below the $2.91 closing price that day. The transaction was executed in multiple increments between $2.87 and $2.91. After the purchase, Hungate holds 6,411,550 Class A shares directly, an estimated 0.16% ownership stake in the Singapore-based “super-app” provider. Grab reported trailing-12-month revenue of $3.7 billion and net income of $598 million, serving transportation, food delivery, and fintech across eight Southeast Asian countries.