Fulgent Genetics, Inc. (FLGT) CFO has 2,747 shares withheld for taxes
Rhea-AI Filing Summary
Fulgent Genetics, Inc. reports that CFO and Treasurer Paul Kim had 2,747 shares of common stock withheld on July 26, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units assumed in a 2022 merger. After this tax withholding disposition, he directly owns 359,798 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,747 shares
Net Sell
1 txn
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,747 | $19.67 | $54K |
Holdings After Transaction:
Common Stock — 359,798 shares (Direct)
Footnotes (1)
- F1. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units assumed pursuant to the Agreement and Plan of Merger, dated as of November 7, 2022 by and among Fulgent Genetics, Inc., FG Merger Sub, Inc., Fulgent Pharma Holdings, Inc., and the stockholders listed therein. These awards were originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on November 9, 2022.
Key Figures
Shares withheld for taxes: 2,747 shares
Price per share: $19.67
Shares owned after transaction: 359,798 shares
+1 more
4 metrics
Shares withheld for taxes
2,747 shares
Common stock withheld on July 26, 2026 to satisfy tax withholding obligations
Price per share
$19.67
Value used for the tax-withholding disposition of 2,747 shares
Shares owned after transaction
359,798 shares
Direct common stock holdings of Paul Kim following the tax-withholding disposition
Transaction date
July 26, 2026
Date of the tax-withholding disposition reported by Paul Kim
Key Terms
restricted stock units, Agreement and Plan of Merger, tax withholding obligations
3 terms
restricted stock units financial
"tax withholding obligations that arose upon the vesting of certain restricted stock units assumed"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Agreement and Plan of Merger regulatory
"units assumed pursuant to the Agreement and Plan of Merger, dated as of November 7, 2022"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
tax withholding obligations financial
"shares were withheld from the reporting person to satisfy the tax withholding obligations that arose"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Fulgent Genetics (FLGT) CFO Paul Kim report?
Paul Kim reported a tax-withholding disposition of 2,747 shares of Fulgent Genetics common stock. The shares were withheld to cover taxes triggered by the vesting of restricted stock units that were assumed in a prior merger transaction.