FLGT President reports 4,353 shares withheld for taxes at $23.74
Fulgent Genetics (FLGT) reported an insider transaction by its President and COO.
Rhea-AI Filing Summary
Fulgent Genetics (FLGT) reported an insider transaction by its President and COO. On 10/26/2025, 4,353 shares of common stock were withheld at $23.74 per share to cover taxes upon the vesting of previously assumed restricted stock units (Transaction Code F).
After the transaction, the reporting person beneficially owned 359,768 shares directly and 220,816 shares indirectly through The Hsieh Family Dynasty Trust. The filing notes the reporting person disclaims beneficial interest in the trust except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,353 | $23.74 | $103K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- 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 assumed pursuant to the Agreement and Plan of Merger, dated as of November 7, 2022 by and among Fulgent Genetics, Inc., FG Merger Sub, Inc., Fulgent Pharma Holdings, Inc., and the stockholders listed therein. These awards were originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on November 9, 2022.
- F2. 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.
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