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GRAIL (GRAL) director awarded 5,491 DSUs vesting by June 2027

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED 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*
CHASE WILLIAM 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026A5,491(1)A$63.7442,702D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of 5,491 deferred stock units ("DSUs") granted to Mr. Chase under our 2024 Equity Incentive Plan in lieu of 5,491 restricted stock units. The DSUs will vest in full on the earlier to occur of (i) June 18, 2027 and (ii) the date of the next annual meeting of the Company's stockholders, in each case subject to continued service through the applicable vesting date. Each DSU represents the right to receive, at settlement, one share of common stock.
Remarks:
/s/Donald Lang, as Attorney-in-Fact for William Chase06/22/2026
** Signature of Reporting PersonDate
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 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.

How many GRAIL shares does William J. Chase hold after this Form 4 transaction?

After this award, William J. Chase directly holds 42,702 shares of GRAIL common stock. This total reflects his ownership following the grant of 5,491 deferred stock units reported in the Form 4 insider filing for the June 18, 2026 transaction date.

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.