GRAIL CFO automatic sell-to-cover of 3,147 shares
GRAIL, Inc.'s Chief Financial Officer, Aaron Freidin, reported automatic tax-related stock sales.
Rhea-AI Filing Summary
GRAIL, Inc.'s Chief Financial Officer, Aaron Freidin, reported automatic tax-related stock sales. On March 5 and March 9, he sold a total of 3,147 shares of GRAIL common stock in open-market transactions ranging from $46.74 to $53.01 per share.
According to the disclosure, these were automatic "sell-to-cover" trades executed by a broker to cover withholding taxes when equity awards vested and shares were delivered, rather than discretionary portfolio sales. After these transactions, Freidin directly owned 306,475 shares of GRAIL common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,407 | $47.93 | $115K |
| Sale | Common Stock | 85 | $46.74 | $4K |
| Sale | Common Stock | 655 | $53.01 | $35K |
Footnotes (1)
- F1. Represents automatic 'sell-to-cover' transactions by an executing broker to cover withholding taxes upon award vesting and share delivery. The price reported in Column 4 is a weighted average price calculated by the broker executing these transactions. These shares were sold as part of a block trade in multiple transactions, and the Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price.
FAQ
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What insider transaction did GRAIL (GRAL) disclose for its CFO?
At what prices did the GRAIL (GRAL) CFO’s Form 4 sales occur?
Were the GRAIL (GRAL) CFO’s recent stock sales discretionary?
What does “sell-to-cover” mean in the GRAIL (GRAL) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.