GRAIL (GRAL) CFO auto-sells 45,806 shares to cover tax obligations
Rhea-AI Filing Summary
GRAIL, Inc.’s Chief Financial Officer, Aaron Freidin, reported an automatic sale of 45,806 shares of common stock at a weighted average price of $49.9176 per share. According to the footnote, these were broker-executed “sell-to-cover” transactions to pay withholding taxes upon award vesting and share delivery. After these sales, Freidin directly holds 260,669 shares of GRAIL common stock.
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Insights
GRAIL’s CFO executed an automatic tax-related share sale and retains a substantial direct stake.
The transaction involves 45,806 shares of GRAIL common stock sold at a weighted average of $49.9176 per share. The footnote explains this was an automatic “sell-to-cover” by a broker to satisfy withholding taxes triggered when equity awards vested and shares were delivered.
This type of transaction is mechanistic and linked to compensation, rather than a discretionary portfolio decision. Following the sale, the CFO continues to hold 260,669 shares directly. With no derivative positions shown in this filing’s derivativeSummary, the visible activity appears routine and primarily administrative, so its informational impact for investors is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 45,806 | $49.9176 | $2.29M |
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.
Key Figures
Key Terms
sell-to-cover financial
weighted average price financial
withholding taxes financial
block trade financial
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