Fulgent Genetics (NASDAQ: FLGT) CSO sells 939 shares to cover taxes
Rhea-AI Filing Summary
Fulgent Genetics, Inc. (FLGT) reported that Chief Scientific Officer Hanlin Gao sold 939 shares of common stock on August 27, 2026, in an open-market transaction at a weighted-average price of $19.9053 per share, in multiple trades between $19.83 and $20.00. According to the disclosure, the sale was made to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on February 26, 2024. Following this sale, Gao directly holds 987,790 shares of Fulgent Genetics common stock.
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Insider Trade Summary
Net Seller: 939 shares
Net Sell
1 txn
Insider
Gao Hanlin
Role
Chief Scientific Officer
Sold
939 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 939 | $19.9053 | $19K |
Holdings After Transaction:
Common Stock — 987,790 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 26, 2024, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 28, 2024.
- F2. The shares were sold in multiple transactions at prices ranging from $19.83 to $20.00, 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: 939 shares of Common Stock
Weighted-average sale price: $19.9053 per share
Post-transaction holdings: 987,790 shares of Common Stock
+1 more
4 metrics
Shares sold
939 shares of Common Stock
Open-market sale on August 27, 2026
Weighted-average sale price
$19.9053 per share
Sale of 939 shares on August 27, 2026
Post-transaction holdings
987,790 shares of Common Stock
Direct ownership after the August 27, 2026 sale
Sale price range
$19.83 to $20.00 per share
Multiple transactions comprising the 939-share sale
Key Terms
weighted-average sale price, restricted stock units, tax withholding obligations
3 terms
weighted-average sale price financial
"The shares were sold in multiple transactions at prices ranging from $19.83 to $20.00, inclusive. The reported price reflects the weighted-average sale price."
restricted stock units financial
"tax withholding obligations that arose upon the vesting of certain restricted stock units granted"
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 that arose"
FAQ
What insider transaction did FLGT report for Hanlin Gao?
Fulgent Genetics reported that Chief Scientific Officer Hanlin Gao sold 939 shares of common stock on August 27, 2026 at a weighted-average price of $19.9053 per share in multiple trades between $19.83 and $20.00.
Was Hanlin Gao’s FLGT trade under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.