Form 4: GRAIL Inc. Director Gregory L. Summe Acquires 296 Shares of Common Stock

Director Gregory L. Summe acquired 296 shares of GRAIL Inc. common stock at $13.62 per share on October 30, 2024, through a deferred stock program.

Summary

• On October 30, 2024, Gregory L. Summe, a director of GRAIL Inc., acquired 296 shares of common stock.
• The acquisition was made through the company's deferred stock program.
• The price per share was $13.62, based on the closing price of GRAIL's common stock on that date.
• The shares were granted in lieu of $4,041.10 in cash fees payable to Mr. Summe for his service as a director.
• Following the transaction, Mr. Summe directly owns 28,422 shares of GRAIL Inc. common stock.
• The deferred stock units vest immediately upon the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. It's neither particularly positive nor negative from an investment perspective.

Positives

• The acquisition reflects director's continued investment in the company.
• The deferred stock program allows directors to align their interests with those of shareholders.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates