GRAIL (GRAL) president’s Form 4 shows 61,665 shares sold to cover taxes

Rhea-AI Filing Summary

GRAIL, Inc. President and director Joshua J. Ofman reported an automatic sale of common stock tied to tax withholding. An executing broker sold 61,665 shares in a sell-to-cover transaction following award vesting at a weighted average price of $49.9176 per share. After these sales, Ofman directly holds 371,216 shares of GRAIL common stock. The footnote explains the shares were sold to cover withholding taxes and executed as part of a block trade across multiple transactions.

Insider Trade Summary

Net Seller: 61,665 shares ($3,078,169)

Net Sell 1 txn

Insider Ofman Joshua J.

Role President

Sold 61,665 shs ($3.08M)

Type	Security	Shares	Price	Value
Sale	Common Stock	61,665	$49.9176	$3.08M

Holdings After Transaction: Common Stock — 371,216 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 61,665 shares Weighted average sale price: $49.9176 per share Shares held after transaction: 371,216 shares

3 metrics

Shares sold 61,665 shares Automatic sell-to-cover on 2026-04-08

Weighted average sale price $49.9176 per share Broker-executed block trade for tax withholding

Shares held after transaction 371,216 shares Direct ownership after sell-to-cover sale

Key Terms

sell-to-cover, withholding taxes, weighted average price, 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.

withholding taxes financial

"transactions by an executing broker 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.

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.

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^*

Ofman Joshua 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
X	Officer (give title below)		Other (specify below)
	President

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		61,665	D	$49.9176(1)	371,216	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 Joshua Ofman	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 did GRAIL (GRAL) President Joshua J. Ofman report in this Form 4?

Joshua J. Ofman reported an automatic sale of 61,665 shares of GRAIL common stock. The shares were sold by a broker in sell-to-cover transactions to pay withholding taxes triggered by award vesting and share delivery.

At what price were the GRAIL (GRAL) shares sold in Ofman’s transaction?

The reported sale used a weighted average price of $49.9176 per share. The broker executed a block trade across multiple transactions, and the average price reflects all individual sales making up the tax-related sell-to-cover activity.

How many GRAIL (GRAL) shares does Joshua J. Ofman hold after this Form 4?

Following the reported automatic sale, Joshua J. Ofman directly holds 371,216 shares of GRAIL common stock. This post-transaction figure shows his remaining direct ownership after 61,665 shares were sold to cover withholding taxes on vested awards.

Was the GRAIL (GRAL) insider sale an open-market decision or tax-related?

The sale was tax-related, described as automatic sell-to-cover transactions by an executing broker. These trades occurred to satisfy withholding tax obligations upon award vesting and share delivery, rather than as a discretionary open-market sale decision by Ofman.

How were the GRAIL (GRAL) insider sales executed according to the footnote?

The shares were sold as part of a block trade in multiple transactions. The footnote notes a weighted average sale price and states Ofman will provide details on the number of shares sold at each price upon request to the issuer, security holders, or SEC staff.