Form 4: GRAIL Inc. Director Steven Mizell Acquires Shares Through Deferred Stock Program

Director Steven Mizell acquired 1,147 shares of GRAIL Inc. common stock through a deferred stock program in lieu of cash fees.

Summary

• Steven Mizell, a director at GRAIL Inc., acquired 1,147 shares of common stock on January 15, 2025.
• The shares were granted as deferred stock units under the company's deferred stock program and 2024 Equity Incentive Plan.
• These shares were granted in lieu of $20,164.38 in cash fees for his service as a director.
• The price per share was $17.58, which was the closing price of GRAIL's common stock on the grant date.
• The deferred stock units vest immediately upon grant.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. The use of equity aligns director interests with shareholders.

Positives

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

Industry Context

This transaction is a routine part of director compensation practices, where equity is often used to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred stock programs are a common method of compensating directors in publicly traded companies.
• The immediate vesting of the shares is not unusual for director equity grants.
• The value of the shares granted is consistent with the cash fees foregone, indicating a fair exchange.

Stakeholder Impact

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

Key Dates

Keywords

GRAIL Inc., Steven Mizell, Director, Deferred Stock Units, Equity Incentive Plan, Share Acquisition, Stock Grant, Director Compensation