EASTHAM KARIN 4
Research Summary
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Personalis (PSNL) Director Karin Eastham Receives RSU Award
What Happened
Karin Eastham, a director of Personalis, Inc. (PSNL), was awarded a total of 43,750 restricted stock units (RSUs) on May 12, 2026. The award consists of 6,250 RSUs and an additional 37,500 RSUs reported as a derivative award; both were recorded at $0.00 per share (no cash paid). These are grants of contingent rights to receive common stock upon settlement rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-05-12; Filing date: 2026-05-14 (filed within two business days; appears timely).
- Awards: 6,250 RSUs and 37,500 RSUs (total 43,750 RSUs); price reported $0.00.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 explains each RSU is a contingent right to one common share; 100% vest on the earlier of the one‑year anniversary of the grant or the day before the Company's next annual meeting, subject to continuous service; RSUs vest immediately before a Change in Control. F2 describes option vesting terms but no option exercise was reported in this filing.
- Transaction type: Award/Grant (code A) — compensation, not a market purchase or sale.
Context
RSU grants are a common form of equity compensation for executives and directors. They represent a future right to receive shares if vesting conditions are met and do not indicate an immediate buy or sell decision by the insider. The 37,500 RSUs reported as a derivative simply reflect contingent stock awards that will convert to shares upon settlement/vesting per the plan terms.