Form 4: GRAIL Director Steven Mizell Increases Stake Through Deferred Stock Units

GRAIL, Inc. Director Steven Mizell acquired 517 shares of common stock through deferred stock units, increasing his beneficial ownership to 36,202 shares.

Summary

• Steven Mizell, a Director of GRAIL, Inc., acquired 517 shares of common stock.
• The acquisition was made through deferred stock units granted under the company's deferred stock program and 2024 Equity Incentive Plan.
• These units were granted in lieu of $19,945.21 in cash fees payable to Mr. Mizell for his service as a director.
• The price per share for the acquisition was $38.53, which was the closing price of the company's common stock on July 15, 2025.
• The awards vested immediately upon the grant date.
• Following this transaction, Mr. Mizell beneficially owns a total of 36,202 shares of GRAIL, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director is increasing their stake in the company through equity compensation, aligning their interests with shareholders. This is a routine transaction but generally viewed favorably as it indicates confidence.

Positives

• Director Steven Mizell increased his beneficial ownership in GRAIL, Inc. by acquiring 517 shares.
• The acquisition of shares through deferred stock units aligns the director's financial interests with those of shareholders.
• The immediate vesting of the awards indicates a direct and immediate increase in the director's equity stake.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This transaction represents a common practice in corporate governance where directors receive equity compensation, aligning their financial interests with the long-term performance of the company. It reflects a standard method for compensating board members in the biotechnology or healthcare diagnostics industry, where equity incentives are often used to attract and retain talent.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• The acquisition of 517 deferred stock units by Director Steven Mizell in lieu of cash fees constitutes a related party transaction, as it involves compensation from the company to a director.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value due to equity compensation.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• NA

Key Dates

Recommendation

Keywords

GRAIL Inc., GRAL, Steven Mizell, Form 4, Insider Trading, Stock Acquisition, Deferred Stock Units, Director Compensation, Equity Incentive Plan