Fulgent Genetics (NASDAQ: FLGT) CFO holds 358,630 after RSU tax withholding
Rhea-AI Filing Summary
For Fulgent Genetics, Inc. (FLGT), CFO and Treasurer Paul Kim reported a Form 4 transaction involving 1,168 shares of common stock on 2026-08-26. The shares were withheld to satisfy tax withholding obligations triggered by the vesting of restricted stock units, not sold in an open-market trade. After this tax-withholding disposition, Kim’s directly held stake is 358,630 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,168 shares
Net Sell
1 txn
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,168 | $19.81 | $23K |
Holdings After Transaction:
Common Stock — 358,630 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 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.
Key Figures
Shares withheld for taxes: 1,168 shares of Common Stock
Transaction price per share: $19.81 per share
Shares owned after transaction: 358,630 shares of Common Stock
+1 more
4 metrics
Shares withheld for taxes
1,168 shares of Common Stock
Withheld on 2026-08-26 to satisfy tax withholding obligations on RSU vesting
Transaction price per share
$19.81 per share
Applied to the 1,168 shares withheld for tax obligations
Shares owned after transaction
358,630 shares of Common Stock
Direct holdings of Paul Kim following the 2026-08-26 transaction
Transaction date
2026-08-26
Date of tax-withholding disposition of 1,168 shares
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"upon the vesting of certain restricted stock units granted to the reporting person"
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
"withheld from the reporting person to satisfy the tax withholding obligations"
Form 4 regulatory
"originally reported on Form 4 filed with the U.S. Securities"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FLGT CFO Paul Kim report on this Form 4?
Paul Kim reported that 1,168 FLGT common shares were disposed of on 2026-08-26 through shares being withheld to cover tax withholding obligations arising from the vesting of previously granted restricted stock units.
Was the FLGT insider transaction an open-market sale?
No. The Form 4 states the 1,168 shares were withheld to satisfy tax withholding obligations upon RSU vesting, coded as a Form 4 F transaction, rather than being sold in an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.