Fulgent Genetics (FLGT) CFO reports tax withholding of vested RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulgent Genetics CFO Paul Kim reported a routine share disposition related to tax withholding. On June 1, 2026, 2,087 shares of common stock were withheld at $18.09 per share to satisfy tax obligations triggered by the vesting of restricted stock units granted on February 25, 2025. After this withholding, Kim directly holds 362,545 shares of Fulgent Genetics common stock, indicating the transaction was a small, non-market event tied to compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,087 | $18.09 | $38K |
Holdings After Transaction:
Common Stock — 362,545 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,087 shares
Withholding price per share: $18.09 per share
Shares held after transaction: 362,545 shares
3 metrics
Shares withheld for taxes
2,087 shares
Withheld on June 1, 2026 for RSU tax obligations
Withholding price per share
$18.09 per share
Value used for tax-withholding disposition
Shares held after transaction
362,545 shares
Direct holdings of Paul Kim following tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"the tax withholding obligations that arose 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
"The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting"
Form 4 regulatory
"which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission"
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 did Fulgent Genetics (FLGT) CFO Paul Kim report in this Form 4?
Paul Kim reported that 2,087 Fulgent Genetics shares were withheld to cover tax obligations from vesting restricted stock units. This was a compensation-related, non-market disposition rather than an open-market sale of stock.
Was the Fulgent Genetics (FLGT) CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were withheld by the company to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units on February 25, 2025.
What triggered the tax withholding transaction reported by Fulgent Genetics (FLGT) CFO?
The withholding was triggered by the vesting of restricted stock units granted to Paul Kim on February 25, 2025. When these RSUs vested, shares were withheld to satisfy the associated tax withholding obligations.