GRAL.NASDAQGrail, INC

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

Sentiment:

SEC Form 4 Filing


Director Steven Mizell acquired 978 shares of GRAIL Inc. common stock through a deferred stock program in lieu of cash fees.

Summary

  • On October 15, 2024, Steven Mizell, a director of GRAIL Inc., acquired 978 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 $13,712.33 in cash fees payable to Mr. Mizell for his service as a director.
  • The price per share was $14.01, based on the closing price of GRAIL Inc.'s common stock on October 15, 2024.
  • The awards vest immediately upon the grant date.
  • Following the transaction, Mr. Mizell directly owns 27,448 shares of GRAIL Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the director's acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
  • The deferred stock program allows directors to align their interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

DateDescription
10/15/2024Date of transaction: Steven Mizell acquired 978 shares of GRAIL Inc. common stock.
10/17/2024Date of signature: Form 4 signed by Donald Lang, as Attorney-in-Fact for Steven Mizell.

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