GRAIL (GRAL) director receives 408 deferred stock units as fees

Rhea-AI Filing Summary

CHASE WILLIAM J reported acquisition or exercise transactions in this Form 4 filing.

GRAIL, Inc. director William J. Chase received a grant of 408 shares of common stock in the form of deferred stock units. The award was issued under the company’s deferred stock program and 2024 Incentive Award Plan in lieu of $20,342.47 of cash director fees.

The grant was valued at $49.79 per share, equal to the closing price of GRAIL’s common stock on April 15, 2026, and vests immediately on the grant date. After this compensation-related award, Chase directly holds 37,211 shares of GRAIL common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CHASE WILLIAM J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	408	$49.79	$20K

Holdings After Transaction: Common Stock — 37,211 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Deferred stock units granted: 408 shares Imputed share price: $49.79 per share Cash fees converted to equity: $20,342.47 +1 more

4 metrics

Deferred stock units granted 408 shares Deferred stock units granted to William J. Chase on April 15, 2026

Imputed share price $49.79 per share Closing price of GRAIL common stock on April 15, 2026 used for grant

Cash fees converted to equity $20,342.47 Director cash fees replaced by deferred stock units for William J. Chase

Shares held after transaction 37,211 shares Total common stock directly owned by William J. Chase after the grant

Key Terms

deferred stock units, 2024 Incentive Award Plan, grant, award, or other acquisition

3 terms

deferred stock units financial

"Represents 408 deferred stock units granted to Mr. Chase 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 Incentive Award Plan financial

"granted to Mr. Chase under our deferred stock program and 2024 Incentive Award Plan in lieu of"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

CHASE WILLIAM J

(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)
04/15/2026

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	04/15/2026		A		408(1)	A	$49.79	37,211	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 408 deferred stock units granted to Mr. Chase under our deferred stock program and 2024 Incentive Award Plan in lieu of $20,342.47 of cash fees payable to Mr. Chase for his service as a director, based on a price per share of $49.79, which was the closing price per share of the Company's common stock on April 15, 2026. The awards will vest immediately upon grant date.

Remarks:

	/s/Abram Barth, as Attorney-in-Fact for William Chase	04/16/2026
	** 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)

FAQ

What did GRAIL (GRAL) director William J. Chase report on this Form 4?

William J. Chase reported receiving 408 shares of GRAIL common stock as deferred stock units. These were granted as director compensation under GRAIL’s deferred stock program and 2024 Incentive Award Plan instead of taking his director fees in cash.

How was the number of 408 deferred stock units for GRAL’s director determined?

The 408 deferred stock units represent $20,342.47 of director cash fees converted into stock. The conversion used a price of $49.79 per share, which was the closing price of GRAIL’s common stock on April 15, 2026.

Is the Form 4 transaction for GRAIL (GRAL) an open-market stock purchase or a grant?

The transaction is a grant of deferred stock units, not an open-market purchase. It is categorized as a “Grant, award, or other acquisition” of 408 common shares as compensation, in lieu of cash fees for William J. Chase’s board service.

When do the 408 deferred stock units granted to GRAIL’s director vest?

The 408 deferred stock units granted to William J. Chase vest immediately on the grant date. According to the footnote, the awards under the deferred stock program and 2024 Incentive Award Plan become fully vested as soon as they are granted on April 15, 2026.

How many GRAIL (GRAL) shares does William J. Chase hold after this Form 4 transaction?

After receiving the 408 deferred stock units, William J. Chase directly holds 37,211 shares of GRAIL common stock. This figure includes the new award and reflects his total direct ownership position immediately following the reported transaction.

What plan governs the deferred stock unit grant reported by GRAIL’s director?

The grant is made under GRAIL’s deferred stock program and its 2024 Incentive Award Plan. These plans allow directors like William J. Chase to receive equity-based awards, such as deferred stock units, instead of cash fees for their board service.