Anthony Ping Yeow Tan, Chief Executive Officer and director of Grab Holdings Ltd (NASDAQ: GRAB), purchased 10,350,000 Class A Ordinary Shares on September 21, according to a Form 4 filing with the U.S. Securities and Exchange Commission.

The shares were acquired at a weighted average price of $2.8866, with individual transaction prices ranging from $2.83 to $2.91 per share, bringing the total transaction value to approximately $29.9 million.

Following the transaction, Tan directly holds 10,778,498 Class A Ordinary Shares in the company.