Form 4: Director William Chase Acquires Shares in GRAIL, Inc. Through Deferred Stock Program

Director William Chase acquired 1,182 shares of GRAIL, Inc. common stock through a deferred stock program in lieu of cash fees.

Summary

• William Chase, a director at GRAIL, Inc., acquired 1,182 shares of common stock on January 15, 2025.
• The shares were granted as deferred stock units under the company's 2024 Equity Incentive Plan.
• These shares were in lieu of $20,794.52 in cash fees for his service as a director.
• The price per share was $17.58, which was the closing price on the grant date.
• The deferred stock units vest immediately upon grant.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction for director compensation, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The use of deferred stock units aligns director compensation with company performance.

Industry Context

This type of transaction is common for directors of public companies, where they receive equity as part of their compensation package, aligning their interests with those of shareholders.

Comparison to Industry Standards

• Many companies use deferred stock units as part of director compensation packages.
• The immediate vesting of these units is not uncommon, but can vary by company and plan.
• The value of the shares granted is directly tied to the company's stock price, which is a standard practice.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

GRAIL, Inc., William Chase, Director, Deferred Stock Units, Equity Incentive Plan, Share Acquisition, Director Compensation