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

Director Steven Mizell acquired 248 shares of Grail Inc. common stock through a deferred stock program in lieu of cash fees.

Summary

• On October 30, 2024, Steven Mizell, a director of Grail Inc., acquired 248 shares of common stock.
• The acquisition was made through the company's deferred stock program and 2024 Equity Incentive Plan.
• These shares were granted in lieu of $3,383.56 in cash fees payable to Mr. Mizell for his service as a director.
• The price per share was $13.62, based on the closing price of Grail Inc.'s common stock on October 30, 2024.
• The awards vest immediately upon the grant date.
• Following the transaction, Mr. Mizell beneficially owns 27,696 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director accepting stock in lieu of cash compensation signals confidence in the company's future.

Positives

• Director's commitment to the company is demonstrated by accepting stock in lieu of cash fees.

Industry Context

Directors receiving stock in lieu of cash compensation is a common practice, aligning their interests with shareholders and conserving company cash.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates