EXACT Sciences (EXAS) CEO receives major RSU grant and tax-share withholding
Rhea-AI Filing Summary
EXACT SCIENCES CORP President and CEO Kevin T. Conroy reported multiple equity compensation transactions. On February 25, 2026, he was granted 154,829 restricted stock units, each representing a contingent right to receive one share of common stock, and received an additional 13,181 shares of common stock upon vesting of a restricted stock unit award.
On the same date, 6,196 shares of common stock were disposed of at $103.45 per share to satisfy tax withholding obligations in connection with the net-settlement of vested restricted stock units. A related footnote states these restricted stock units vest in four equal annual installments beginning on February 25, 2027. The filing also notes that, beyond the 1,521,721 shares of common stock reported, Mr. Conroy holds an additional 805,226 vested and unvested options and restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 154,829 | $0.00 | -- |
| Grant/Award | Common Stock | 13,181 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,196 | $103.45 | $641K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of common stock received upon vesting of a restricted stock unit award. Represents shares of Common Stock retained by the Issuer for tax withholding purposes in connection with the net-settlement on the issuance of shares of Common Stock in respect to the vesting of certain restricted stock units. In addition to the shares of Common Stock reported on this Form 4, which total 1,521,721 shares, Mr. Conroy also holds, in the aggregate, an additional 805,226 vested and unvested options to purchase shares of Common Stock and restricted stock units, with each restricted stock unit representing a contingent right to receive one share of Common Stock. Each restricted stock unit represents a contingent right to receive one share of common stock. These restricted stock units vest in four equal annual installments beginning on February 25, 2027.
