FLGT insider sale and 10,000-share gift reported on Form 4
Rhea-AI Filing Summary
Fulgent Genetics, Inc. (FLGT) president and COO reported insider transactions involving the company’s common stock. On 11/19/2025, the reporting person sold 10,000 shares of common stock at a weighted-average price of $29.0983 per share for year-end tax planning. On the same date, 10,000 shares were transferred as a gift to the James and Karena Xie Family Foundation, over which the reporting person has voting and investment power.
After these transactions, the reporting person directly owned 339,768 shares of Fulgent Genetics common stock and indirectly held 220,816 shares through The Hsieh Family Dynasty Trust. The filing reflects personal portfolio and charitable planning by a senior executive rather than changes to the company’s operations.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $29.0983 | $291K |
| Gift | Common Stock | 10,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares were sold by the reporting person for year-end tax planning. The shares were sold in multiple transactions at prices ranging from $29.07 to $29.1985, 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. Reflects shares transferred as a gift to the James and Karena Xie Family Foundation (the "Foundation"), of which, the reporting person is the president and has voting and investment power over all securities owned by the foundation. Securities held by The Hsieh Family Dynasty Trust, dated January 27, 2010 (the "Trust"). Mr. Xie serves on the investment committee of the Trust. Mr. Xie disclaims any beneficial interest except with respect to any pecuniary interest therein.