Ofman Joshua J. 4
Research Summary
AI-generated summary
GRAIL (GRAL) President Joshua J. Ofman Sells 61,665 Shares
What Happened
- Joshua J. Ofman, President and Director of GRAIL, sold 61,665 shares on 2026-04-08 in an open-market/private sale (Transaction code: S) at a weighted average price of $49.92 per share, generating proceeds of approximately $3,078,169. The filing indicates these shares were sold to cover withholding taxes related to award vesting/share delivery.
Key Details
- Transaction date: 2026-04-08; Weighted average price reported: $49.92; Total proceeds: ~$3,078,169.
- Shares owned after the transaction: Not reported in the provided filing.
- Footnote: F1 notes these were automatic "sell-to-cover" trades executed by a broker to satisfy tax withholding upon award vesting/delivery; the broker reported a weighted average price and sold the block in multiple transactions. The reporting person offers to provide details of individual sale prices upon request.
- Filing timeliness: Reported on 2026-04-09 for a 2026-04-08 transaction (appears timely).
Context
- This was a sell-to-cover tax withholding sale tied to award vesting rather than a discretionary market signal; such transactions are common when equity awards vest and taxes are due. Because this is a sale (not a buy), it is generally less informative about the insider’s view of the company’s prospects.