GRAIL CEO tax sell-to-cover of 123,502 shares
GRAIL, Inc. director and Chief Executive Officer Robert P. Ragusa reported an automatic tax-related share sale.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 123,502 | $49.9176 | $6.16M |
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
block trade financial
FAQ
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What did GRAIL (GRAL) CEO Robert Ragusa report in this Form 4?
Was the GRAIL (GRAL) CEO’s sale a discretionary open-market trade?
How were the sales in the GRAIL (GRAL) Form 4 executed?
AI-generated analysis. How Rhea-AI works. Not financial advice.