Personalis (PSNL) CEO gains 33,333 performance-based stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Personalis, Inc. reported that President and CEO Christopher M. Hall acquired rights to 33,333 shares through the vesting of a performance stock option. The option tranche vested on February 23, 2026 after the company met a specified reimbursement milestone tied to the original grant made on March 15, 2024.
The transaction is coded as a grant or award acquisition, with no cash paid per option at vesting. Following this vesting event, Hall holds 33,333 stock options related to this performance-based award as direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hall Christopher M
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 33,333 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 33,333 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Personalis (PSNL) report for its CEO?
Personalis reported that CEO Christopher M. Hall acquired 33,333 stock options through vesting of a performance stock option. The vesting occurred after a specified reimbursement milestone was met, reflecting the achievement of a predefined performance condition under an existing equity award.
How many stock options did the Personalis (PSNL) CEO receive in this Form 4?
The CEO received 33,333 stock options through vesting. These options stem from a performance stock option granted on March 15, 2024 and became exercisable after the company satisfied a reimbursement milestone, as described in the Form 4 footnote.
Was the Personalis (PSNL) CEO’s Form 4 transaction a purchase or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. Christopher M. Hall gained 33,333 stock options through vesting of a previously granted performance stock option after achieving a specified reimbursement milestone, with no cash price per share reported at vesting.
What triggers caused the Personalis (PSNL) CEO’s performance stock options to vest?
The vesting was triggered by satisfaction of a specified reimbursement milestone. Once this performance condition was met, 33,333 options from a performance stock option granted on March 15, 2024 vested, giving CEO Christopher M. Hall direct ownership of these derivative securities.
How many Personalis (PSNL) options does the CEO hold after this Form 4 transaction?
After this transaction, Christopher M. Hall holds 33,333 stock options related to the reported award. The Form 4 lists these as directly owned derivative securities following vesting of the performance stock option tranche tied to the reimbursement milestone condition.