Fulgent Genetics CFO has shares withheld for taxes
Fulgent Genetics CFO Paul Kim reported a routine tax-related share withholding.
Rhea-AI Filing Summary
Fulgent Genetics CFO Paul Kim reported a routine tax-related share withholding. On January 26, 2026, 3,004 shares of Fulgent Genetics common stock were withheld at $27.53 per share to cover tax obligations arising from the vesting of previously granted restricted stock units.
After this withholding, Kim beneficially owned 328,146 shares of common stock in direct form. The transaction was coded "F," indicating a tax withholding event linked to equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,004 shares
Exercise Price or Tax Liability
1 txn
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,004 | $27.53 | $83K |
Holdings After Transaction:
Common Stock — 328,146 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fulgent Genetics (FLGT) CFO Paul Kim report?
Paul Kim reported a tax-related withholding of 3,004 Fulgent Genetics shares. The shares were withheld to satisfy tax obligations triggered by the vesting of restricted stock units assumed in a prior merger, rather than sold in an open-market transaction.
On what date did the reported Fulgent Genetics (FLGT) insider transaction occur?
The insider transaction occurred on January 26, 2026. On that date, 3,004 shares of Fulgent Genetics common stock were withheld from CFO Paul Kim to cover tax withholding obligations tied to the vesting of certain restricted stock units.
What does transaction code "F" mean in the Fulgent Genetics (FLGT) Form 4?
Transaction code "F" denotes a tax withholding related to equity compensation. In this case, shares were withheld from CFO Paul Kim to cover taxes due when assumed restricted stock units from a prior merger vested, not a voluntary market sale.
What is the origin of the restricted stock units in the Fulgent Genetics (FLGT) Form 4?
The restricted stock units came from awards assumed under a November 7, 2022 merger agreement. That agreement involved Fulgent Genetics, FG Merger Sub, Fulgent Pharma Holdings, and specified stockholders, and the RSU awards were originally reported in a November 9, 2022 Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.