Tax sell-to-cover by GRAIL (GRAL) CEO on 123,502 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAIL, Inc. director and Chief Executive Officer Robert P. Ragusa reported an automatic tax-related share sale. On the transaction date, an executing broker sold 123,502 shares of Common Stock in a sell-to-cover transaction to satisfy withholding taxes tied to award vesting and share delivery.
The broker executed the sales as part of a block trade at a weighted average price of $49.9176 per share. After these transactions, Ragusa directly holds 518,582 shares of GRAIL common stock, indicating he retains a substantial equity position despite the tax-driven sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 123,502 shares ($6,164,923)
Net Sell
1 txn
Insider
RAGUSA ROBERT P
Role
Chief Executive Officer
Sold
123,502 shs ($6.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 123,502 | $49.9176 | $6.16M |
Holdings After Transaction:
Common Stock — 518,582 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 123,502 shares
Weighted average sale price: $49.9176 per share
Shares held after transaction: 518,582 shares
3 metrics
Shares sold
123,502 shares
Automatic sell-to-cover to pay withholding taxes
Weighted average sale price
$49.9176 per share
Block trade executed by broker
Shares held after transaction
518,582 shares
Post-transaction direct holdings of CEO
Key Terms
sell-to-cover, weighted average price, block trade
3 terms
sell-to-cover financial
"Represents automatic 'sell-to-cover' transactions by an executing broker"
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"
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.
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.
FAQ
What did GRAIL (GRAL) CEO Robert Ragusa report in this Form 4?
Robert Ragusa reported an automatic broker-executed sale of 123,502 GRAIL common shares. The transactions were sell-to-cover trades to pay withholding taxes triggered by equity award vesting and share delivery, rather than a discretionary open-market liquidation of his holdings.
Was the GRAIL (GRAL) CEO’s sale a discretionary open-market trade?
The filing describes the sale as an automatic sell-to-cover transaction handled by a broker. These sales were executed to cover withholding taxes upon award vesting and share delivery, indicating a tax-driven mechanism rather than a discretionary decision to sell shares in the open market.
How were the sales in the GRAIL (GRAL) Form 4 executed?
The shares were sold by an executing broker as part of a block trade in multiple transactions. The reported $49.9176 figure is a weighted average price, and the reporting person offers to provide full details of the individual sale prices upon request to interested parties.