Director at GRAIL, Inc. (GRAL) receives 427 deferred stock units in fee swap
Rhea-AI Filing Summary
SUMME GREGORY L reported acquisition or exercise transactions in this Form 4 filing.
GRAIL, Inc. director Gregory L. Summe received a grant of 427 deferred stock units under the company’s deferred stock program and 2024 Equity Incentive Plan in lieu of $31,787.67 of cash director fees, valued at $74.36 per unit and vesting immediately, bringing his directly reported holdings to 45,672 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SUMME GREGORY L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 427 | $74.36 | $32K |
Holdings After Transaction:
Common Stock — 45,672 shares (Direct)
Footnotes (1)
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Key Figures
Deferred stock units granted: 427 units
Price per share used for grant: $74.36
Cash fees converted to stock units: $31,787.67
+2 more
5 metrics
Deferred stock units granted
427 units
Number of deferred stock units granted to Gregory L. Summe on July 15, 2026
Price per share used for grant
$74.36
Closing price per share of GRAIL, Inc. common stock on July 15, 2026
Cash fees converted to stock units
$31,787.67
Amount of director cash fees replaced by deferred stock units
Total shares after grant
45,672 shares
Gregory L. Summe's directly reported common stock holdings following the transaction
Vesting schedule
Immediate vesting
Deferred stock unit awards vest immediately on the July 15, 2026 grant date
Key Terms
deferred stock units, deferred stock program, 2024 Equity Incentive Plan, vest immediately upon grant date
4 terms
deferred stock units financial
"Represents 427 deferred stock units granted to Mr. Summe"
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.
deferred stock program financial
"granted to Mr. Summe under our deferred stock program"
2024 Equity Incentive Plan financial
"under our deferred stock program and 2024 Equity Incentive Plan"
vest immediately upon grant date financial
"The awards will vest immediately upon grant date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GRAIL, Inc. (GRAL) report for Gregory L. Summe?
GRAIL, Inc. reported that director Gregory L. Summe received a grant of 427 deferred stock units. The units were awarded as part of his director compensation and are tied to the company’s common stock under its deferred stock program and 2024 Equity Incentive Plan.
What was the value of the deferred stock units granted to the GRAL director?
The grant replaced $31,787.67 in cash director fees with 427 deferred stock units. The number of units was calculated using a price of $74.36 per share, equal to the closing price of GRAIL, Inc.’s common stock on July 15, 2026.
At what price were the GRAIL, Inc. (GRAL) deferred stock units calculated?
The deferred stock units were based on a per-share price of $74.36. This price reflects the closing market price of GRAIL, Inc.’s common stock on July 15, 2026, the date of the grant, and determined how many units replaced the cash fees.
Do the GRAL deferred stock units granted to the director vest over time?
The awards vest immediately on the grant date. According to the disclosure, the 427 deferred stock units issued under the deferred stock program and 2024 Equity Incentive Plan are fully vested as of July 15, 2026, rather than vesting over a multi-year schedule.
Was the GRAIL, Inc. (GRAL) director paid cash in addition to these deferred stock units?
The 427 deferred stock units were granted in lieu of $31,787.67 of cash fees. This means that, for this portion of his compensation, director Gregory L. Summe accepted stock-based units instead of receiving the equivalent amount in cash.