Moore Stephen Michael 4

What Happened

• Stephen Michael Moore, SVP and Chief Legal Officer of Personalis, was granted a total of 196,875 equity units on March 15, 2026. The filing shows two award lines: 28,125 shares acquired at $0.00 (non-derivative) and 168,750 shares listed as derivative units at $0.00. No cash was paid for these awards—the reported acquisition price is $0.00.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (filed within the typical two-business-day window).
• Awards reported: 28,125 shares (non-derivative) and 168,750 derivative units; total = 196,875 shares/units; reported price $0.00.
• Shares owned after the transaction: not specified in the provided filing data.
• Footnotes from the filing:
  • F1: Each derivative unit is an RSU (contingent right to one share on settlement). Those RSUs vest in six equal semi-annual installments, first vesting on Sept 15, 2026.
  • F2: A separate vesting schedule noted (36 equal monthly installments, first on Apr 15, 2026) applies to option-based awards referenced in the filing.
• No indication these shares were sold or immediately disposed of; this is an equity compensation grant, not an open-market purchase or sale.

Context

• These awards appear to be compensation-related grants (RSUs/options) rather than purchases or sales—such grants are routine for executives and do not, by themselves, signal a buy or sell decision.
• Derivative awards like RSUs represent a right to receive stock in the future subject to vesting; consult the vesting schedules above to know when shares may actually be delivered.
• If you track insider activity, awards are useful to note (they dilute over time and align executives with shareholders) but are generally less directly informative about near-term insider sentiment than open-market purchases.