Minor Lloyd 4
4 · Caris Life Sciences, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Caris (CAI) Director Minor Lloyd Receives 2,492-Share Award
What Happened Minor Lloyd, a director of Caris Life Sciences (CAI), was granted 2,492 shares on February 26, 2026. The shares were issued at an imputed price of $20.06 per share, for a total value of about $49,990. This was an award issued in lieu of cash compensation (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2/26/2026, 2,492 shares at $20.06 each (total ≈ $49,990).
- Transaction code: A (award/grant/acquisition).
- Shares owned after transaction: Not disclosed on the Form 4 filing.
- Footnote: Shares were issued in lieu of 2025 board retainer fees; the number of shares was calculated by dividing the cash retainer by the 10-trading-day VWAP through and including Feb 25, 2026.
- Filing timeliness: Form 4 filed 2026-03-02 (within the two-business-day reporting window — timely).
Context This was a compensation-related grant (board retainer paid in stock), which increases the director’s holdings but is a routine form of director pay rather than a market purchase that necessarily signals a change in sentiment. The issuance method (conversion of cash retainer using a 10-day VWAP) is a common approach to determining share count for stock-in-lieu programs.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-26$20.06/sh+2,492$49,990→ 18,621 total
Footnotes (1)
- [F1]Shares issued in lieu of cash compensation for 2025 board retainer fees. Number of shares determined by dividing the cash retainer earned by the ten trading day average of the daily volume weighted average price per share through and including February 25, 2026.