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.

Insights

Equity compensation & insider trading analyst

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

Net Seller: 45,806 shares ($2,286,526)

Net Sell 1 txn

Insider Freidin Aaron

Role Chief Financial Officer

Sold 45,806 shs ($2.29M)

Type	Security	Shares	Price	Value
Sale	Common Stock	45,806	$49.9176	$2.29M

Holdings After Transaction: Common Stock — 260,669 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 45,806 shares Weighted average sale price: $49.9176 per share Shares held after transaction: 260,669 shares +1 more

4 metrics

Shares sold 45,806 shares Automatic sell-to-cover on 2026-04-08

Weighted average sale price $49.9176 per share Price for 45,806 shares sold

Shares held after transaction 260,669 shares Direct holdings following sale

Net shares sold 45,806 shares Net selling activity in this Form 4

Key Terms

sell-to-cover, weighted average price, withholding taxes, block trade

4 terms

sell-to-cover financial

"Represents automatic 'sell-to-cover' transactions by an executing broker to cover withholding taxes"

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

weighted average price financial

"The price reported in Column 4 is a weighted average price calculated by the broker"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

withholding taxes financial

"to cover withholding taxes upon award vesting and share delivery"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

block trade financial

"These shares were sold as part of a block trade in multiple transactions"

A block trade is a large, privately arranged sale or purchase of a company's shares or bonds between big investors, often negotiated to avoid upsetting the public market price. Think of it like selling a truckload of goods directly to one buyer instead of unloading it on a busy street — it moves a lot of supply at once and can signal shifting demand, affect immediate liquidity, and influence short-term stock prices.

Form 4 Insider Transactions: What Each Field Means →

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^*

Freidin Aaron

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

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	04/08/2026		S		45,806	D	$49.9176(1)	260,669	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 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.

Remarks:

	/s/Donald Lang, as Attorney-in-Fact for Aaron Freidin	04/09/2026
	** 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)

FAQ

What insider transaction did GRAIL (GRAL) report for its CFO?

GRAIL’s CFO, Aaron Freidin, reported selling 45,806 shares of common stock. The shares were sold at a weighted average price of $49.9176 each to cover withholding taxes due when equity awards vested and the related shares were delivered.

Why did the GRAIL (GRAL) CFO sell 45,806 shares of stock?

The GRAIL CFO’s 45,806-share sale was an automatic “sell-to-cover” transaction. A broker sold shares to generate cash needed to pay withholding taxes associated with vested equity awards and delivered shares, rather than a discretionary open-market liquidation.

How many GRAIL (GRAL) shares does the CFO hold after this Form 4 transaction?

After the reported transaction, GRAIL’s CFO directly holds 260,669 shares of common stock. This post-transaction holding reflects his remaining ownership position following the automatic sale of 45,806 shares executed to cover tax withholding obligations on vested awards.

At what price were the GRAIL (GRAL) shares sold in the CFO’s Form 4 filing?

The 45,806 GRAIL shares were sold at a weighted average price of $49.9176 per share. The footnote notes these were part of a broker-executed block trade with multiple individual sale prices aggregated into this single weighted average figure.

Was the GRAIL (GRAL) CFO’s share sale a routine tax-related transaction?

Yes. The filing’s footnote states the sale was an automatic “sell-to-cover” by a broker. It occurred to cover withholding taxes when equity awards vested and shares were delivered, indicating a routine compensation-linked event rather than a discretionary timing decision.