[144] GRAIL, Inc. SEC Filing

Rhea-AI Filing Summary

GRAIL, Inc. (GRAL) – Form 144 Notice of Proposed Sale

The filing discloses that an affiliate of GRAIL intends to sell 8,000 common shares through Morgan Stanley Smith Barney LLC on or about 15 July 2025. The shares were received as Restricted Stock Units on 30 April 2025. At the stated aggregate market value of $321,440, the implied price is roughly $40.18 per share. GRAIL has 35,973,494 shares outstanding, so the sale represents less than 0.03 % of total shares.

The filer—named in a separate table as Aaron Freidin—previously sold 41,150 shares on 2 May 2025 for gross proceeds of $1,396,219.50. No additional material information, such as reasons for the sale or current company performance, is provided.

The Form 144 asserts that the seller is unaware of undisclosed material adverse information and, if relying on Rule 10b5-1, has adopted a trading plan. No earnings data or operational updates accompany the filing.

Positive

• Transparent Rule 144 filing demonstrates compliance and reduces information asymmetry for investors.

Negative

• Continued insider selling (8,000 shares proposed plus 41,150 sold in May) can create negative perception, even if quantitatively immaterial.

Insights

Securities Analyst

TL;DR: Minor insider sale (<0.03%)—neutral impact; signals routine liquidity rather than strategic shift.

The proposed sale of 8,000 shares, worth about $0.32 million, is immaterial to GRAIL’s float and follows a larger 41,150-share sale in May. While ongoing insider selling can be construed negatively, the percentages are small and disclosed under Rule 144. No information suggests operational concerns. I view the filing as routine, with neutral-to-slightly-negative market sentiment given optics of insider sales.

Corporate Governance Expert

TL;DR: Proper Rule 144 compliance; transparency positive, magnitude immaterial—overall neutral.

The filer provides full broker, share count, and acquisition details, indicating adherence to SEC requirements. The representation that no undisclosed adverse information exists, plus potential reliance on a 10b5-1 plan, mitigates governance concerns. Given the tiny percentage of shares, I classify the disclosure as non-impactful for corporate control or governance risk.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8000	321440.00	35973494	07/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/30/2025	Restricted Stock Units	Issuer			8000	04/30/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
AARON FREIDIN 1525 OBrien Drive Menlo Park CA 94025	Common	05/02/2025	41150	1396219.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many GRAIL (GRAL) shares are insiders planning to sell?

The Form 144 states a proposed sale of 8,000 common shares.

What is the value of the planned GRAL share sale?

The aggregate market value is listed as $321,440.

When is the expected sale date for the GRAL shares?

The approximate sale date disclosed is 15 July 2025.

What percentage of GRAIL's outstanding shares does the sale represent?

With 35,973,494 shares outstanding, the 8,000-share sale is about 0.03 % of the total.

Was there recent insider selling at GRAIL before this filing?

Yes. Aaron Freidin sold 41,150 shares on 2 May 2025 for $1.4 million in gross proceeds.