MYERS WOODROW A JR 4
Research Summary
AI-generated summary
Personalis (PSNL) Director Woodrow Myers Jr Receives Equity Awards
What Happened
- Woodrow A. Myers Jr., a director of Personalis, Inc. (PSNL), was granted equity awards on May 12, 2026: 6,250 restricted stock units (RSUs) and 37,500 derivative awards (reported as a derivative grant). Both awards were granted at $0.00 (no cash paid).
Key Details
- Transaction date: 2026-05-12; Form 4 filed 2026-05-14 (filed within the typical two‑business‑day window).
- Grant amounts and price: 6,250 RSUs @ $0.00; 37,500 derivative award units @ $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Vesting/footnotes:
- F1 (RSUs): Each RSU converts into one share upon settlement. 100% of the RSUs vest on the earlier of the one‑year anniversary of the grant or the day prior to the next annual meeting, subject to continuous service; immediate vesting upon a Change in Control.
- F2 (derivative award/options): 100% of the derivative award vests on the same schedule as above and becomes exercisable immediately prior to a Change in Control.
- Transaction type: Award/grant (company compensation), not an open‑market purchase or sale.
Context
- These grants are compensation equity awards for a director and are typical corporate compensation events; they do not represent an open‑market buy or sell. The derivative award appears to be option‑style (per footnote language) and will vest per the one‑year/next‑meeting schedule, so they are not immediately liquid unless the holder later exercises/settles them.