GRAIL director granted 268 deferred stock units

MIZELL STEVEN reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

MIZELL STEVEN reported acquisition or exercise transactions in this Form 4 filing.

Steven Mizell, a director of GRAIL, Inc., received a grant of 268 deferred stock units as part of his director compensation. The award is valued at $74.36 per unit, or $19,945.21 in lieu of cash fees, and vests immediately. After this grant, he directly holds 42,830 shares of common stock.

Insider Trade Summary

Grant/Award: 268 shares

Grant/Award 1 txn

Insider MIZELL STEVEN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	268	$74.36	$20K

Holdings After Transaction: Common Stock — 42,830 shares (Direct)

Footnotes (1)

1. F1. Represents 268 deferred stock units granted to Mr. Mizell under our deferred stock program and 2024 Equity Incentive Plan in lieu of $19,945.21 of cash fees payable to Mr. Mizell for his service as a director, based on a price per share of $74.36, which was the closing price per share of the Company's common stock on July 15, 2026. The awards will vest immediately upon grant date.

Key Figures

Deferred stock units granted: 268 units Grant valuation price: $74.36 per share Cash fees replaced: $19,945.21 +1 more

4 metrics

Deferred stock units granted 268 units Grant to director Steven Mizell on July 15, 2026

Grant valuation price $74.36 per share Closing price of common stock on July 15, 2026

Cash fees replaced $19,945.21 Cash director fees taken as deferred stock units instead

Shares held after transaction 42,830 shares Total direct ownership by Steven Mizell after the grant

Key Terms

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

3 terms

deferred stock units financial

"Represents 268 deferred stock units granted to Mr. Mizell 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 Equity Incentive Plan financial

"granted to Mr. Mizell under our deferred stock program and 2024 Equity Incentive Plan"

closing price per share financial

"based on a price per share of $74.36, which was the closing price per share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GRAIL (GRAL) report for director Steven Mizell?

GRAIL (GRAL) reported that director Steven Mizell received a grant of 268 deferred stock units. These units were issued as part of his director compensation in place of cash fees and vest immediately upon the grant date.

How many GRAIL (GRAL) deferred stock units were granted to Steven Mizell and at what value?

Steven Mizell was granted 268 deferred stock units valued at $74.36 per unit. The valuation is based on the closing price per share of GRAIL’s common stock on July 15, 2026.

What cash fees did Steven Mizell exchange for stock units at GRAIL (GRAL)?

The grant represents $19,945.21 of cash fees payable to Steven Mizell for his board service. Instead of receiving cash, he elected to receive 268 deferred stock units under GRAIL’s deferred stock program.

When do Steven Mizell’s new deferred stock units in GRAIL (GRAL) vest?

The 268 deferred stock units granted to Steven Mizell vest immediately upon the grant date. This means he becomes fully vested in the award as of July 15, 2026.

What is Steven Mizell’s total direct ownership in GRAIL (GRAL) after this grant?

Following the grant, Steven Mizell directly holds 42,830 shares of GRAIL common stock. This figure includes his existing holdings plus the newly awarded deferred stock units credited to his account.

Under which plans were Steven Mizell’s GRAIL (GRAL) deferred stock units granted?

The 268 deferred stock units were granted under GRAIL’s deferred stock program and its 2024 Equity Incentive Plan. These programs allow directors to receive equity awards instead of cash fees for board service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/16/2026 - 04:43 PM EDT Learn about SEC filing dates

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^*

MIZELL STEVEN

(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)
07/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/15/2026		A		268(1)	A	$74.36	42,830	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 268 deferred stock units granted to Mr. Mizell under our deferred stock program and 2024 Equity Incentive Plan in lieu of $19,945.21 of cash fees payable to Mr. Mizell for his service as a director, based on a price per share of $74.36, which was the closing price per share of the Company's common stock on July 15, 2026. The awards will vest immediately upon grant date.

Remarks:

	/s/Donald Lang, as Attorney-in-Fact for Steven Mizell	07/16/2026
	** 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)