GRAIL (GRAL) director awarded 5,491 DSUs vesting by June 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHASE WILLIAM J reported acquisition or exercise transactions in this Form 4 filing.
GRAIL, Inc. director William J. Chase received an equity award of 5,491 deferred stock units (DSUs) under the company’s 2024 Equity Incentive Plan. Each DSU represents the right to receive one share of common stock upon settlement.
The DSUs vest in full on the earlier of June 18, 2027 or the date of the next annual meeting of stockholders, subject to Chase’s continued service through the vesting date. Following this award, Chase directly holds 42,702 shares of GRAIL common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHASE WILLIAM J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,491 | $63.74 | $350K |
Holdings After Transaction:
Common Stock — 42,702 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 5,491 units
Grant reference price per share: $63.74 per share
Shares held after transaction: 42,702 shares
+2 more
5 metrics
Deferred stock units granted
5,491 units
Equity award to William J. Chase on June 18, 2026
Grant reference price per share
$63.74 per share
Price field associated with DSU award
Shares held after transaction
42,702 shares
Common stock directly owned by Chase following award
DSU vesting date
June 18, 2027
Vests earlier of June 18, 2027 or next annual meeting
Security type
Common Stock / DSUs
DSUs settle into common stock one-for-one
Key Terms
deferred stock units, restricted stock units, 2024 Equity Incentive Plan
3 terms
deferred stock units financial
"Represents an award of 5,491 deferred stock units ("DSUs") granted to Mr. Chase"
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.
restricted stock units financial
"granted to Mr. Chase under our 2024 Equity Incentive Plan in lieu of 5,491 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Equity Incentive Plan financial
"granted to Mr. Chase under our 2024 Equity Incentive Plan in lieu of 5,491 restricted stock units"
FAQ
What insider transaction did GRAIL (GRAL) report for William J. Chase?
GRAIL reported that director William J. Chase received an award of 5,491 deferred stock units. These DSUs were granted under the 2024 Equity Incentive Plan in lieu of restricted stock units and give him the right to receive one common share per unit upon settlement.
When do William J. Chase’s 5,491 GRAIL deferred stock units vest?
The 5,491 deferred stock units vest in full on the earlier of June 18, 2027 or the date of GRAIL’s next annual stockholder meeting. Vesting is conditioned on Chase’s continued service with the company through the applicable vesting date specified in the grant footnote.
What does each deferred stock unit (DSU) in GRAIL’s award to William J. Chase represent?
Each DSU represents the right to receive one share of GRAIL common stock at settlement. The units were granted under the 2024 Equity Incentive Plan, replacing an equal number of restricted stock units, and will convert into shares when the vesting and settlement conditions are satisfied.
Under which plan were William J. Chase’s GRAIL deferred stock units granted?
The 5,491 deferred stock units granted to William J. Chase were issued under GRAIL’s 2024 Equity Incentive Plan. This plan provides for equity-based compensation, and in this case the DSUs were granted in lieu of restricted stock units, with standard service-based vesting conditions.