Ofman Joshua J. 4
Research Summary
AI-generated summary
GRAIL CEO Joshua J. Ofman Receives RSU Awards Worth $1.99M
What Happened
- Joshua J. Ofman, CEO of GRAIL, received equity awards (reported as "A" = award/grant) totaling 31,055 restricted stock units (RSUs). The grants were reported on a Form 4 filed June 3, 2026 and have an aggregate reported value of about $1,989,628.
- Details: 27,901 RSUs on 2026-06-01 at $64.40 per share (reported value $1,796,824) and 3,154 RSUs on 2026-06-03 at $61.13 per share (reported value $192,804). These are awards (compensation), not open‑market purchases.
Key Details
- Transaction dates and reported values:
- 2026-06-01: 27,901 RSUs @ $64.40 = $1,796,824
- 2026-06-03: 3,154 RSUs @ $61.13 = $192,804
- Total RSUs granted: 31,055; total reported value: ~$1.99M.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnote (F1): RSUs vest in four substantially equal annual installments beginning May 31, 2027, subject to continued service; each RSU converts to one share of common stock at settlement.
- Filing timeliness: Form 4 was filed on 2026-06-03 for transactions on 2026-06-01 and 2026-06-03; appears to be timely (Form 4 due within two business days).
Context
- These entries are grants of restricted stock units (compensation awards), which are standard executive compensation and vest over time; they do not represent an immediate cash purchase or sale.
- For retail investors: awards signal company compensation to the CEO but are not direct insider purchases/sales that indicate immediate buying or selling intent.