Hall Christopher M 4

What Happened

• Christopher M. Hall, CEO of Personalis, exercised options and sold stock on July 9, 2026. He exercised 100,000 options at $1.61 per share (cost $161,000) and sold 100,000 shares in an open-market transaction at a weighted average price of $15.08, generating approximately $1,508,000 in proceeds. The filing also shows two additional exercise/conversion lines (66,667 and 33,333 shares) reported as disposals at $0 in connection with derivative conversion/exercise activity.

Key Details

• Transaction date: 2026-07-09.
• Option exercise: 100,000 shares exercised at $1.61 each (total cost $161,000).
• Open-market sale: 100,000 shares sold at a weighted average $15.08 (range $15.00–$15.24), total proceeds ~$1,508,000 (per footnote F2).
• Additional derivative entries: disposals of 66,667 and 33,333 shares reported at $0 (M code).
• Plan/authorization: Sales and option exercises were effected under a Rule 10b5-1 trading plan adopted Dec 17, 2025 (footnote F1).
• Vesting: The option vested over a three-year period beginning April 15, 2024; the shares subject to the option are fully vested and exercisable (footnotes F3–F4).
• Shares owned after the transactions: not specified in the details provided.
• Filing timeliness: Reported with a Form 4 dated the same day as the transactions (no late-filing indicator provided).

Context

• This transaction combines an option exercise (insider converting/options exercise) with an immediate open-market sale. The 10b5-1 plan means the sale was preplanned and does not necessarily reflect a contemporaneous change in the CEO’s view of the company. The $0 disposal lines reflect exercise/conversion mechanics reported on the form; the filing does not specify if those reflect tax withholding, net settlement, or other non-cash settlement.