WIDDER KENNETH J 4
Research Summary
AI-generated summary
Personalis (PSNL) Director Kenneth Widder Receives Equity Awards
What Happened
- Kenneth J. Widder, a director of Personalis, Inc. (PSNL), received equity awards on May 12, 2026: 6,250 restricted stock units (RSUs) and a derivative award covering 37,500 underlying shares (an option-like award). Both grants show an acquisition price of $0.00 (standard compensation grants), so no cash was paid by the reporting person.
Key Details
- Transaction date: 2026-05-12; Filing date: 2026-05-14 (timely).
- RSU grant: 6,250 RSUs (each RSU converts to one share on settlement). Vesting: 100% vests on the earlier of one year after grant or the day before the company's next annual meeting; accelerates on a Change in Control. (Footnote F1)
- Derivative grant: 37,500 underlying shares granted as a derivative/option award. Vesting: 100% vests on the earlier of one year after grant or the day before the next annual meeting; accelerates on a Change in Control. (Footnote F2)
- Price reported: $0.00 for both awards (typical for equity compensation grants).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No indication of a 10b5-1 plan, sale, tax-withholding sale, or late filing in this report.
Context
- RSUs are a contingent right to receive common stock at settlement; the option-like derivative gives the right to acquire shares subject to vesting. These awards are routine forms of director compensation and do not represent an open-market purchase or sale. Purchases or sales by insiders can be stronger trading signals; grants are primarily compensation-related.