GRAIL (GRAL) director receives 5,491 DSUs as equity award

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Krevans Sarah reported acquisition or exercise transactions in this Form 4 filing.

GRAIL, Inc. reported that director Sarah Krevans received an equity award of 5,491 deferred stock units (DSUs) under the company’s 2024 Equity Incentive Plan. The DSUs vest in full on the earlier of June 18, 2027 or the next annual stockholder meeting, subject to continued service. Each DSU will settle into one share of common stock, and following this grant she holds 42,628 common shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Krevans Sarah

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,491	$63.74	$350K

Holdings After Transaction: Common Stock — 42,628 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity award size: 5,491 deferred stock units Implied grant price: $63.74 per share Post-grant holdings: 42,628 shares +1 more

4 metrics

Equity award size 5,491 deferred stock units Grant to director Sarah Krevans

Implied grant price $63.74 per share Reported transaction price for DSU award

Post-grant holdings 42,628 shares Common stock held directly after transaction

Vesting date June 18, 2027 Latest vesting date, or earlier next annual meeting

Key Terms

deferred stock units, restricted stock units, 2024 Equity Incentive Plan

3 terms

deferred stock units financial

"Represents an award of 5,491 deferred stock units ("DSUs") granted"

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.

restricted stock units financial

"granted to Ms. Krevans under our 2024 Equity Incentive Plan in lieu of 5,491 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2024 Equity Incentive Plan financial

"granted to Ms. Krevans under our 2024 Equity Incentive Plan in lieu"

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Form 4 Insider Transactions: What Each Field Means →

06/22/2026 - 05:29 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^*

Krevans Sarah

(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)
06/18/2026

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	06/18/2026		A		5,491⁽¹⁾	A	$63.74	42,628	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 an award of 5,491 deferred stock units ("DSUs") granted to Ms. Krevans under our 2024 Equity Incentive Plan in lieu of 5,491 restricted stock units. The DSUs will vest in full on the earlier to occur of (i) June 18, 2027 and (ii) the date of the next annual meeting of the Company's stockholders, in each case subject to continued service through the applicable vesting date. Each DSU represents the right to receive, at settlement, one share of common stock.

Remarks:

	/s/ Donald Lang, as Attorney-in-Fact for Sarah Krevans	06/22/2026
	** 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 Sarah Krevans?

GRAIL reported that director Sarah Krevans received 5,491 deferred stock units as an equity award. These units were granted under the 2024 Equity Incentive Plan and will convert into common shares when they are settled after vesting.

How many GRAIL (GRAL) shares does Sarah Krevans hold after this Form 4?

After the reported grant, Sarah Krevans holds 42,628 shares of GRAIL common stock directly. This reflects her updated ownership position following the award of 5,491 deferred stock units reported in the Form 4 filing.

When do Sarah Krevans’ 5,491 GRAIL (GRAL) deferred stock units vest?

The 5,491 deferred stock units vest in full on the earlier of June 18, 2027 or the date of GRAIL’s next annual stockholder meeting. Vesting also depends on Ms. Krevans continuing to provide service through the applicable vesting date.

What does each deferred stock unit (DSU) represent for GRAIL (GRAL)?

Each deferred stock unit represents the right to receive one share of GRAIL common stock at settlement. Once the DSUs vest and are settled, they will increase the number of common shares held by the director who received the award.

Was the GRAIL (GRAL) transaction a market purchase or a compensation grant?

The transaction was a compensation-related equity grant, not a market purchase. The Form 4 describes it as an award of 5,491 deferred stock units granted under GRAIL’s 2024 Equity Incentive Plan in lieu of an equivalent number of restricted stock units.