SEC Form 4 · accession 0001628280-26-063233
GRAIL, Inc. · GRAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua J. Ofman
Officer — Chief Executive Officer · Director
Period of report
Sep 21, 2026
Accepted (ET)
Sep 23, 2026 · 4:37 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001699031
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 21, 2026 | M | 26,452 | $14.00 | A | 423,723 | D | |
| Common StockF2,F1 | Sep 21, 2026 | S | 2,125 | $92.3152 | D | 421,598 | D | |
| Common StockF3,F1 | Sep 21, 2026 | S | 1,454 | $93.606 | D | 420,144 | D | |
| Common StockF4,F1 | Sep 21, 2026 | S | 37,752 | $94.9828 | D | 382,392 | D | |
| Common StockF5,F1 | Sep 21, 2026 | S | 6,200 | $96.4308 | D | 376,192 | D | |
| Common StockF6,F1 | Sep 21, 2026 | S | 1,400 | $97.8414 | D | 374,792 | D | |
| Common StockF7,F1 | Sep 21, 2026 | S | 421 | $99.8499 | D | 374,371 | D | |
| Common StockF8,F1 | Sep 21, 2026 | S | 2,100 | $100.6805 | D | 372,271 | D | |
| Common StockF1 | Sep 21, 2026 | S | 10,000 | $110.00 | D | 362,271 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF9 | $14.00 | Sep 21, 2026 | M | 26,452 | D | — | Mar 5, 2030 | Common Stock | 26,452 | 37,032 | D |
Explanation of responses
- F1The sale transactions reported in this Form 4 are made pursuant to a Rule 10b5-1 trading plan adopted on December 2, 2025
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.04 to $92.93 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.04 to $93.90 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.5 to $95.00 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.00 to $96.71 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.74 to $98.00 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.42 to $100.28 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.68 to $100.69 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate sales price within the range set forth in this footnote
- F9Represents an option originally granted on March 6, 2020 for which the performance condition was determined to be met on November 1, 2024. The option vests and becomes exercisable in thirty-six substantially equal monthly installments beginning December 1, 2024. As of September 21, 2026, approximately 61% of the shares subject to the option had vested, and the remaining approximately 39% of the shares vests over the remaining period afterwards.