Fulgent Genetics CSO sells 1,673 shares for taxes
Fulgent Genetics’ Chief Scientific Officer sold shares to cover taxes from RSU vesting and now directly holds 986,117 shares.
Rhea-AI Filing Summary
Fulgent Genetics, Inc. (FLGT) reported that Chief Scientific Officer Hanlin Gao sold 1,673 shares of common stock on September 2, 2026 at a weighted-average price of $19.66 per share. According to the disclosure, the sale was made to satisfy tax withholding obligations arising from the vesting of restricted stock units. Following this sale, Gao directly holds 986,117 shares of Fulgent Genetics common stock.
Positive
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Insider Trade Summary
Net Seller: 1,673 shares
Net Sell
1 txn
Insider
Gao Hanlin
Role
Chief Scientific Officer
Sold
1,673 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,673 | $19.6564 | $33K |
Holdings After Transaction:
Common Stock — 986,117 shares (Direct)
Footnotes (2)
- F1. The shares were sold by 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 25, 2025, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2025.
- F2. The shares were sold in multiple transactions at prices ranging from $19.60 to $19.74, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Shares sold: 1,673 shares
Weighted-average sale price: $19.66 per share
Sale price range: $19.60–$19.74 per share
+2 more
5 metrics
Shares sold
1,673 shares
Common stock sale by Chief Scientific Officer on September 2, 2026
Weighted-average sale price
$19.66 per share
Average price across multiple sale transactions on September 2, 2026
Sale price range
$19.60–$19.74 per share
Range of prices for multiple sale executions on September 2, 2026
Shares held after transaction
986,117 shares
Direct holdings of Hanlin Gao following the sale
Transaction date
September 2, 2026
Date of the reported insider sale
Key Terms
restricted stock units, tax withholding obligations, weighted-average sale price
3 terms
restricted stock units financial
"tax withholding obligations that arose upon the vesting of certain restricted stock units"
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.
tax withholding obligations financial
"shares were sold by the reporting person to satisfy the tax withholding obligations"
weighted-average sale price financial
"reported price reflects the weighted-average sale price"
FAQ
What insider transaction did FLGT disclose for Hanlin Gao?
Fulgent Genetics disclosed that Chief Scientific Officer Hanlin Gao sold 1,673 shares of common stock on September 2, 2026 at a weighted-average price of $19.66 per share to satisfy tax withholding obligations from vested restricted stock units.
Was the FLGT insider sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates no Rule 10b5-1 trading plan for this transaction, and the footnotes describe the sales as made to cover tax withholding on vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.