Fulgent Genetics (FLGT) CSO logs RSU awards and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulgent Genetics Chief Scientific Officer Hanlin Gao reported equity awards and related tax withholdings in company stock. On February 24, 2026, he acquired 4,891, 12,762, 22,806 and 26,661 shares of common stock at $0 per share through grants and vesting of restricted stock units, including performance-based awards tied to milestones from grants made in 2023, 2024 and 2025.
To cover tax obligations from these vestings, 2,489, 4,661, 8,149 and 403 shares were withheld at prices of about $23.09 and $23.01 per share. After these transactions, Gao directly owned 976,316 to 1,002,977 shares across the reported line items, reflecting routine compensation-related activity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Gao Hanlin
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,891 | $0.00 | -- |
| Grant/Award | Common Stock | 12,762 | $0.00 | -- |
| Grant/Award | Common Stock | 22,806 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,489 | $23.09 | $57K |
| Tax Withholding | Common Stock | 4,661 | $23.09 | $108K |
| Tax Withholding | Common Stock | 8,149 | $23.09 | $188K |
| Grant/Award | Common Stock | 26,661 | $0.00 | -- |
| Tax Withholding | Common Stock | 403 | $23.01 | $9K |
Holdings After Transaction:
Common Stock — 956,047 shares (Direct)
Footnotes (1)
- The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 23, 2023, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2023. Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 23, 2023. Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 26, 2024. Performance-based restricted stock units. The shares vested pursuant to certain performance milestones for performance-based restricted stock units granted on February 25, 2025. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 23, 2023. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 26, 2024. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of the above performance-based restricted stock units granted to the reporting person on February 25, 2025. Restricted stock units. The shares subject to the restricted stock units vest over a period of three years, with 1/3rd of such shares vesting 12 months after March 1, 2026, and 1/12th of such shares vesting at the end of every three-month period thereafter over the remaining 24 months, subject to continued service for Issuer on each vesting date.
FAQ
What did FLGT Chief Scientific Officer Hanlin Gao report in this Form 4?
Hanlin Gao reported grants and vesting of restricted stock units in Fulgent Genetics common stock, along with share withholdings to cover tax obligations. These transactions reflect compensation-related equity awards rather than open-market buying or selling activity.
What type of equity awards did Hanlin Gao receive from Fulgent Genetics (FLGT)?
The filing describes performance-based restricted stock units that vested upon meeting specified performance milestones, as well as time-based restricted stock units vesting over three years. One RSU grant begins vesting 12 months after March 1, 2026, then quarterly over the following 24 months.