GRAIL CEO disposes 37,504 shares for tax withholding
GRAIL, Inc. director and Chief Executive Officer Robert P. Ragusa reported two automatic sell-to-cover transactions of common stock tied to equity award vesting.
Rhea-AI Filing Summary
GRAIL, Inc. director and Chief Executive Officer Robert P. Ragusa reported two automatic sell-to-cover transactions of common stock tied to equity award vesting. He disposed of 35,787 shares at an average price of $50.0853 and 1,717 shares at $51.8430 to cover withholding taxes.
After these tax-related sales, he continued to hold 650,525 shares of GRAIL common stock directly. The prices reported represent weighted average prices calculated by the executing broker for block trades executed in multiple transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,787 | $50.0853 | $1.79M |
| Sale | Common Stock | 1,717 | $51.843 | $89K |
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.
FAQ
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What insider transaction did GRAIL (GRAL) report for its CEO?
Were the GRAIL (GRAL) CEO’s stock sales discretionary open-market trades?
What does 'sell-to-cover' mean in the GRAIL (GRAL) CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.