Grail Inc. Announces New Equity Inducement Plan for Recently Hired Employees

Reuters
05-31
Grail Inc. Announces New Equity Inducement Plan for Recently Hired Employees

GRAIL, Inc. (Nasdaq: GRAL), a healthcare company focused on early cancer detection, has announced the issuance of equity awards to 38 newly hired non-executive employees. These awards, in the form of restricted stock units (RSUs) totaling 77,350 shares of GRAIL's common stock, serve as inducements for their acceptance of employment. The awards were granted under GRAIL's Inducement Equity Incentive Plan in alignment with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over approximately four years, with 25% vesting on May 31, 2026, and subsequent vesting on each anniversary of this date, contingent on continued employment with the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grail Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA00004) on May 30, 2025, and is solely responsible for the information contained therein.

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