Fulgent Genetics (NASDAQ: FLGT) director awarded 11,117 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GROVES REGINA E reported acquisition or exercise transactions in this Form 4 filing.
Fulgent Genetics director Regina E. Groves received a grant of 11,117 shares of common stock in the form of restricted stock units. These units were awarded at no cash cost per share and increased her direct holdings to 28,099 shares after the transaction.
The restricted stock units vest over four years. One quarter of the shares vest 12 months after May 14, 2026, and the remaining three quarters vest in equal 1/16 portions at the end of every three-month period over the following 36 months, subject to her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GROVES REGINA E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,117 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,099 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 11,117 shares
Post-transaction holdings: 28,099 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
11,117 shares
Restricted stock unit award on common stock
Post-transaction holdings
28,099 shares
Common stock beneficially owned after acquisition
Grant price per share
$0.0000 per share
Restricted stock unit award price
Initial vesting date reference
May 14, 2026
1/4 of RSUs vest 12 months after this date
Vesting schedule length
4 years
RSUs vest over 12 months plus 36 additional months
Key Terms
Restricted stock units, vesting, beneficially own, Form 4
4 terms
Restricted stock units financial
"Restricted stock units. The shares subject to the restricted stock units vest over a period of four years"
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.
vesting financial
"1/4th of such shares vesting 12 months after May 14, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
beneficially own financial
"total_shares_following_transaction: 28099.0000"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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) director Regina Groves report on this Form 4?
Regina E. Groves reported receiving 11,117 shares of Fulgent Genetics common stock as a restricted stock unit award. The grant was made at no cash cost per share and increased her directly held stake to 28,099 shares following the transaction.
How do Regina Groves’s new restricted stock units in FLGT vest over time?
The restricted stock units vest over four years. One quarter vests 12 months after May 14, 2026, and the remaining three quarters vest in 1/16 increments at the end of each three-month period over the next 36 months, contingent on continued service.
Was cash paid for the restricted stock units granted to Regina Groves at Fulgent Genetics?
No cash was paid per share for this award. The Form 4 shows the 11,117 restricted stock units were granted at a price of $0.0000 per share, indicating they were an equity compensation grant rather than an open-market purchase.
What conditions must Regina Groves meet for her FLGT restricted stock units to vest?
Vesting of the restricted stock units is conditioned on continued service with Fulgent Genetics. Shares vest 12 months after May 14, 2026 for one quarter, and then in equal quarterly installments over the next 36 months if she remains in service on each vesting date.