Bloom Olivia Kyusuk 4
Research Summary
AI-generated summary
Personalis (PSNL) Director Olivia Bloom Receives RSU/Derivative Awards
What Happened
Olivia Kyusuk Bloom, a director of Personalis, Inc. (PSNL), was granted a total of 43,750 equity awards on May 12, 2026: 6,250 restricted stock units (RSUs) and 37,500 derivative awards. All awards were granted at $0.00 (no cash paid) and are reported as awards rather than open‑market purchases or sales.
Key Details
- Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (filed within the standard 2-business‑day window).
- Awards: 6,250 RSUs (each RSU = contingent right to 1 share) + 37,500 derivative awards — total 43,750 shares reported. Grant price: $0.00; total reported value $0.
- Shares owned after transaction: Not specified in the provided filing excerpts.
- Footnotes:
- F1: The 6,250 RSUs represent a contingent right to one share each; 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; immediate vesting on a Change in Control.
- F2: The 37,500 derivative award is subject to similar one‑year/meeting vesting and accelerates on a Change in Control (described as option‑style vesting/exercisability in the filing footnote).
- No sale or exercise reported and no cashless exercise or tax‑withholding sale indicated.
Context
- These awards are compensation grants to a director and do not represent an open‑market purchase signal. Such grants are common for board compensation and are typically subject to vesting and service conditions.
- Because the awards were granted at $0, they create potential future ownership if and when they vest and settle; they do not reflect an immediate cash investment by the insider.