Form 4: GRAIL Inc. Director Sarah Krevans Reports Acquisition of Restricted Stock Units

Director Sarah Krevans reports the acquisition of 31,055 restricted stock units (RSUs) in GRAIL, Inc.

Summary

• On October 21, 2024, Sarah Krevans, a director of GRAIL, Inc., acquired 31,055 restricted stock units (RSUs).
• These RSUs will vest in three substantially equal annual installments starting on October 21, 2025.
• The vesting is subject to full accelerated vesting upon a change in control of GRAIL, Inc.
• Each RSU represents the right to receive one share of common stock upon settlement.
• The RSUs will be settled in common stock upon vesting.
• The RSUs reported on this Form 4 were previously reported on a Form 3 filed on October 23, 2024.

Sentiment

Score: 7

Explanation: The acquisition of RSUs by a director is generally viewed positively as it aligns their interests with shareholders. The vesting schedule suggests a long-term commitment.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future.

Future Outlook

The vesting schedule indicates a multi-year commitment by the director, aligning her interests with the long-term performance of the company.

Industry Context

Acquisition of stock or stock units by company directors is a common practice to align management's interests with those of shareholders. The vesting schedule encourages long-term commitment.

Comparison to Industry Standards

• Director compensation packages often include stock options or restricted stock units to incentivize performance and align interests with shareholders.
• Vesting schedules are typically structured over a period of 3-4 years, which is consistent with the vesting schedule outlined in this report.
• Accelerated vesting upon a change in control is a standard provision in many executive compensation plans to protect the interests of executives during a merger or acquisition.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder sentiment.

Key Dates