Hall Christopher M 4
Research Summary
AI-generated summary
Personalis (PSNL) CEO Christopher Hall Sells 100,000 Shares
What Happened
- Christopher M. Hall, CEO of Personalis, exercised option shares and sold 100,000 common shares on June 26, 2026. He exercised 100,000 options at $1.61 per share (cost $161,000) and sold 100,000 shares in the open market at a weighted average price of $13.15 per share (gross proceeds ~$1,315,000). The Form 4 also reports a separate 100,000-share option exercise/conversion reported at $0.00 consideration.
Key Details
- Transaction date: 2026-06-26.
- Option exercise (acquired): 100,000 shares @ $1.61 = $161,000.
- Open-market sale (disposed): 100,000 shares @ weighted avg $13.15 = $1,315,000; sale price range $13.00–$13.36 per share (see footnote).
- Additional derivative conversion (disposed): 100,000 shares @ $0.00 (reported as derivative activity).
- Plan/authorization: Sales and option exercises were executed under a Rule 10b5-1 trading plan adopted Dec 17, 2025 (footnote F1).
- Vesting note: Options vested over a three‑year period beginning April 15, 2024 (1/36th monthly) per footnote F3.
- Shares owned after the transactions: not provided in the excerpt of the filing.
- Timeliness: Form filed on 2026-06-26 (same day); no late filing indicated.
Context
- The sequence — exercising options and then selling the same number of shares — is a common insider action that converts optioned shares into publicly traded stock (often executed under a pre-established trading plan). This filing reports sales rather than purchases; purchases generally carry more direct bullish signal for investors.
- Footnote provides sale price range and states the filer will disclose exact per-price quantities if requested by the SEC, issuer, or a shareholder.