How was the share price determined for Gregory Summe’s GRAIL deferred stock units?

The price used was the $49.79 closing price of GRAIL common stock on April 15, 2026. This price determined the number of deferred stock units issued in lieu of $31,438.36 of director cash fees, resulting in a grant of 631 units.

GRAIL (GRAL) director takes $31.4K in stock units instead of cash fees

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GRAIL, Inc. director Gregory L. Summe received an equity-based compensation award rather than cash fees. He acquired 631 deferred stock units valued at $49.79 per share, in lieu of $31,438.36 of director fees, under the company’s deferred stock program and 2024 Incentive Award Plan. The units vest immediately on the grant date, and following this grant he holds 39,754 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SUMME GREGORY L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	631	$49.79	$31K

Holdings After Transaction: Common Stock — 39,754 shares (Direct)

Footnotes (1)

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Key Figures

Deferred stock units granted: 631 units Implied grant value: $31,438.36 Reference share price: $49.79 per share +1 more

4 metrics

Deferred stock units granted 631 units Grant to director Gregory L. Summe on April 15, 2026

Implied grant value $31,438.36 Director fees converted into deferred stock units

Reference share price $49.79 per share Closing price of GRAIL common stock on April 15, 2026

Shares held after transaction 39,754 shares Director Gregory L. Summe direct ownership after grant

Key Terms

deferred stock units, 2024 Incentive Award Plan, closing price per share

3 terms

deferred stock units financial

"Represents 631 deferred stock units granted to Mr. Summe under our deferred stock program"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

2024 Incentive Award Plan financial

"granted to Mr. Summe under our deferred stock program and 2024 Incentive Award Plan in lieu of"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:06 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SUMME GREGORY L

(Last)

(First)

(Middle)

C/O GRAIL, INC.

1525 O'BRIEN DRIVE

(Street)

MENLO PARK

CALIFORNIA

94025

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GRAIL, Inc. [ GRAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		A		631⁽¹⁾	A	$49.79	39,754	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents 631 deferred stock units granted to Mr. Summe under our deferred stock program and 2024 Incentive Award Plan in lieu of $31,438.36 of cash fees payable to Mr. Summe for his service as a director, based on a price per share of $49.79, which was the closing price per share of the Company's common stock on April 15, 2026. The awards will vest immediately upon grant date.

Remarks:

	/s/Abram Barth, as Attorney-in-Fact for Gregory Summe	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GRAIL (GRAL) report for director Gregory Summe?

GRAIL reported that director Gregory L. Summe received 631 deferred stock units as compensation. The award replaced cash director fees of $31,438.36 and was granted under the company’s deferred stock program and 2024 Incentive Award Plan, vesting immediately on the grant date.

Was the GRAL Form 4 transaction an open-market buy or a compensation grant?

The GRAL Form 4 shows a compensation grant, not an open-market purchase. Gregory L. Summe received 631 deferred stock units in lieu of cash fees, valued using the $49.79 closing price, under GRAIL’s deferred stock program and 2024 Incentive Award Plan.

How many GRAIL (GRAL) shares does Gregory Summe hold after this Form 4 grant?

After this grant, Gregory L. Summe holds 39,754 shares of GRAIL common stock directly. The 631 deferred stock units were added as equity compensation in place of cash director fees, and the award vested immediately upon the April 15, 2026 grant date.

What was the implied value of Gregory Summe’s deferred stock unit award at GRAIL?

The deferred stock unit award was valued at $31,438.36, based on 631 units at $49.79 per share. This reflects director fees converted into stock under GRAIL’s deferred stock program and 2024 Incentive Award Plan rather than being paid in cash.

When did the GRAIL (GRAL) deferred stock units granted to Gregory Summe vest?

The deferred stock units granted to Gregory L. Summe vested immediately on the grant date. The Form 4 footnote states the awards will vest immediately upon the April 15, 2026 grant, meaning there is no ongoing vesting schedule tied to future service.