Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses GRAL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GRAL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Ragusa | $785,000 | — | $6,478,041 | — | $778,092 | — | $53,307 | $8,094,440 |
| Chief Executive Officer | ||||||||
| Joshua Ofman | 655,000 | — | 3,194,607 | — | 376,557 | — | 92,428 | 4,318,592 |
| President | ||||||||
| Aaron Freidin | 560,000 | 250,000 | 1,996,593 | — | 321,942 | — | 3,000 | 3,131,535 |
| Chief Financial Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Ragusa | $8,094,440 | $7,608,907 | — | +485,533 |
| Joshua Ofman | 4,318,592 | 5,806,255 | — | −1,487,663 |
| Aaron Freidin | 3,131,535 | 3,692,821 | — | −561,286 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Joshua Ofman | Director | 2026-06-01 | A | 27,901 | $64 | $1,796,824 | Common | Form 4 ↗ |
| Joshua Ofman | Director | 2026-06-01 | A | 3,154 | 61 | 192,804 | Common | Form 4 ↗ |
| Andrew John Partridge | Chief Growth Officer | 2026-06-04 | D | 1,491 | 61 | 91,070 | Common | Form 4 ↗ |
| Steven Mizell | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| Gregory Summe | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| Sarah Krevans | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| William Chase | Director | 2026-06-18 | A | 5,491 | 64 | 349,996 | Common | Form 4 ↗ |
| William Chase | Director | 2026-07-15 | A | 276 | 74 | 20,523 | Common | Form 4 ↗ |
| Steven Mizell | Director | 2026-07-15 | A | 268 | 74 | 19,928 | Common | Form 4 ↗ |
| Gregory Summe | Director | 2026-07-15 | A | 427 | 74 | 31,752 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Robert Ragusa | RSU | 45,840 | — | $3,923,446 |
| Joshua Ofman | RSU | 1,329 | — | 113,749 |
| Joshua Ofman | RSU | 11,005 | — | 941,918 |
| Aaron Freidin | RSU | 69,230 | — | 5,925,396 |
| Joshua Ofman | RSU | 110,770 | — | 9,480,804 |
| Joshua Ofman | RSU | 106,970 | — | 9,155,562 |
| Robert Ragusa | RSU | 224,620 | — | 19,225,226 |
| Aaron Freidin | RSU | 79,460 | — | 6,800,981 |
| Robert Ragusa | RSU | 214,240 | — | 18,336,802 |
| Aaron Freidin | RSU | 45,840 | — | 3,923,446 |
| Robert Ragusa | RSU | 1,891 | — | 161,851 |
| Robert Ragusa | RSU | 28,012 | — | 2,397,547 |
| Joshua Ofman | Option | 40,559 | 14 | — |
| Aaron Freidin | RSU | 9,338 | — | 799,239 |
| Aaron Freidin | RSU | 1,261 | — | 107,929 |
GRAIL's executive compensation program is designed to attract, retain, and incentivize top talent by providing competitive base salaries, annual cash bonuses tied to pre-established corporate performance goals, and long-term equity incentives in the form of RSUs that align executive and stockholder interests. Compensation levels are benchmarked against peer company data to ensure market competitiveness.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensia, Inc. |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Gregory SummeIndependent · Board Chair · Audit · Compensation · Nominating and Corporate Governance (Chair) | $127,500 | $249,970 | $0 | — | $0 | $377,470 |
| William ChaseIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance | 82,500 | 249,970 | 0 | — | 0 | 332,470 |
| Steven MizellIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | 80,000 | 249,970 | 0 | — | 0 | 329,970 |
| Sarah KrevansIndependent · Audit · Compensation · Nominating and Corporate Governance | 72,500 | 249,970 | 0 | — | 0 | 322,470 |
| Joshua OfmanEmployee director · Newly elected | 0 | 0 | 0 | — | 0 | 0 |
| Robert RagusaEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 20,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $362,500 |
| Equity awards (grant-date value) | $999,880 |
| All other compensation | $0 |
| Total cost of the board | $1,362,380 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Grail | 2025 | Robert Ragusa | $785,000 | $6,478,041 | — | $778,092 | $8,094,440 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Robert Ragusa | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 8,094,440. Filing ↗machine: r4 · c21 · span 277622–277631 |
| 2 | Section 01, Joshua Ofman | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 4,318,592. Filing ↗machine: r12 · c21 · span 289509–289518 |
| 3 | Section 01, Aaron Freidin | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “2025 SUMMARY COMPENSATION TABLE” · page 24. As printed: 3,131,535. Filing ↗machine: r8 · c21 · span 283616–283625 |
| 4 | Section 07, pay ratio | 10-K | 2026-03-12 | 0001628280-26-017319 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 5 | Section 08, Gregory Summe | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 377,470. Filing ↗machine: t30 · r3 · c12 · span 235371–235378 |
| 6 | Section 08, William Chase | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 332,470. Filing ↗machine: t30 · r4 · c12 · span 238229–238236 |
| 7 | Section 08, Steven Mizell | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 329,970. Filing ↗machine: t30 · r5 · c12 · span 241056–241063 |
| 8 | Section 08, Sarah Krevans | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 322,470. Filing ↗machine: t30 · r6 · c13 · span 244229–244236 |
| 9 | Section 08, Joshua Ofman | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 08, Robert Ragusa | DEF 14A | 2026-04-28 | 0001628280-26-027946 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 02, Joshua Ofman 2026-06-01 | Form 4 | 2026-06-03 | 0001628280-26-040590 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 12 | Section 02, Joshua Ofman 2026-06-01 | Form 4 | 2026-06-03 | 0001628280-26-040590 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, Andrew John Partridge 2026-06-04 | Form 4 | 2026-06-05 | 0001628280-26-041356 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Steven Mizell 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044735 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Gregory Summe 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044734 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Sarah Krevans 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044733 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, William Chase 2026-06-18 | Form 4 | 2026-06-22 | 0001628280-26-044736 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, William Chase 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048488 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Steven Mizell 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048486 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Gregory Summe 2026-07-15 | Form 4 | 2026-07-16 | 0001628280-26-048487 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 22 | Section 09b board cost (computed) | Computed | — | computed | Cash 362,500 + equity 999,880 + all other 0 = 1,362,380, summed across the director compensation table rows.machine: formula: Σ = 1,362,380 |
| 23 | Grail (subject), Section 10b CEO total | DEF 14A | 2026-04-28 | 0001628280-26-027946 | CEO total compensation as printed in Grail's own proxy. As printed: 8,094,440. Filing ↗machine: r4 · c21 · span 277622–277631 |