Fulgent Genetics CFO has 2,087 shares withheld
Fulgent Genetics’ CFO had shares withheld to cover taxes on vested RSUs, leaving a substantial remaining holding.
Rhea-AI Filing Summary
Fulgent Genetics, Inc. (FLGT) reported that its CFO and Treasurer, Paul Kim, had 2,087 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on February 25, 2025. After this tax-withholding disposition, Kim directly holds 356,543 shares of Fulgent Genetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,087 shares
Tax Withholding
1 txn
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,087 | $19.59 | $41K |
Holdings After Transaction:
Common Stock — 356,543 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 25, 2025, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2025.
Key Figures
Shares withheld for tax: 2,087 shares
Reported value per share: $19.59 per share
Shares held after transaction: 356,543 shares
+2 more
5 metrics
Shares withheld for tax
2,087 shares
Common stock withheld on September 1, 2026 to satisfy tax withholding obligations
Reported value per share
$19.59 per share
Valuation used for the 2,087 shares withheld for tax on September 1, 2026
Shares held after transaction
356,543 shares
Directly owned by CFO and Treasurer Paul Kim after the September 1, 2026 transaction
RSU grant date
February 25, 2025
Grant date of restricted stock units whose vesting triggered the tax withholding
Code F transaction shares
2,087 shares
Shares disposed of through tax withholding reported under transaction code F
Key Terms
restricted stock units, tax withholding obligations, payment of tax liability by delivering or withholding securities
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"
payment of tax liability by delivering or withholding securities financial
"transaction reported as payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did FLGT disclose for CFO Paul Kim?
Fulgent Genetics disclosed that CFO Paul Kim had 2,087 common shares withheld on September 1, 2026 to satisfy tax withholding obligations from the vesting of previously granted restricted stock units.
Was the FLGT insider transaction a market sale or tax withholding?
The transaction was reported as a payment of tax liability by delivering or withholding securities, not an open-market sale. Shares were withheld upon vesting of restricted stock units granted on February 25, 2025.
Were the FLGT insider transactions made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for this Form 4, and no footnote states that the September 1, 2026 transaction was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.