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Fulgent Genetics COO sells 2,127 shares for taxes

Fulgent Genetics’ President and COO sold shares mainly to cover tax withholding from RSU vesting and continues to hold substantial direct and trust-related positions.

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Fulgent Genetics, Inc. (FLGT) reports that President and COO Jian Xie sold 2,127 shares of common stock on September 2, 2026 at a weighted-average price of $19.6564 per share to satisfy tax withholding obligations arising from vesting of previously granted restricted stock units. Following this sale, he directly holds 359,924 shares and has indirect ownership of 220,816 shares held by The Hsieh Family Dynasty Trust, where he serves on the investment committee and disclaims beneficial interest except for any pecuniary interest. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

  • None.

Negative

  • None.
Insider Xie Jian
Role President and COO
Sold 2,127 shs ($42K)
Type Security Shares Price Value
Sale Common Stock F1, F2 2,127 $19.6564 $42K
holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 359,924 shares (Direct); Common Stock — 220,816 shares (Indirect, By Trust)
Footnotes (3)
  1. F1. The shares were sold by 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.
  2. F2. The shares were sold in multiple transactions at prices ranging from $19.60 to $19.74, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
  3. F3. 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.
Shares sold 2,127 shares Common stock sale on September 2, 2026
Weighted-average sale price $19.6564 per share Sale of 2,127 shares in multiple transactions between $19.60 and $19.74
Direct holdings after transaction 359,924 shares Common stock directly held by Jian Xie following the sale
Indirect holdings by Trust 220,816 shares Common stock held by The Hsieh Family Dynasty Trust, with pecuniary interest to Jian Xie
RSU grant date February 25, 2025 Restricted stock units whose vesting triggered the tax withholding sale
Form 4 prior report date February 27, 2025 Date the original RSU grant was reported
Sale price range $19.60–$19.74 per share Range of prices for the multiple sale transactions on September 2, 2026
restricted stock units financial
"tax withholding obligations that arose upon the vesting of certain restricted stock units"
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.
weighted-average sale price financial
"The reported price reflects the weighted-average sale price."
pecuniary interest financial
"Mr. Xie disclaims any beneficial interest except with respect to any pecuniary interest therein."
indirect ownership financial
"Securities held by The Hsieh Family Dynasty Trust, dated January 27, 2010"

FAQ

What insider transaction did FLGT report for President and COO Jian Xie?

Fulgent Genetics reported that Jian Xie sold 2,127 shares of common stock on September 2, 2026 at a weighted-average price of $19.6564 per share, described as a sale to satisfy tax withholding obligations from vesting restricted stock units.

Why did the FLGT insider sell 2,127 shares on September 2, 2026?

The filing states the 2,127 shares were sold by Jian Xie to satisfy tax withholding obligations that arose upon vesting of restricted stock units granted on February 25, 2025 and previously reported on a Form 4 filed on February 27, 2025.

What price did the FLGT insider receive for the sold shares?

The shares were sold in multiple transactions at prices ranging from $19.60 to $19.74 per share. The reported figure of $19.6564 per share is a weighted-average sale price for the 2,127 shares sold.

How many FLGT shares does Jian Xie hold after the reported sale?

After the September 2, 2026 sale, Jian Xie directly holds 359,924 shares of Fulgent Genetics common stock. In addition, 220,816 shares are held indirectly through The Hsieh Family Dynasty Trust, where he has a pecuniary interest but disclaims other beneficial ownership.

Were the FLGT insider trades made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 plan is reported for these transactions, and the footnotes describe the sale as being for tax withholding obligations related to restricted stock unit vesting.

What is the nature of Jian Xie’s indirect ownership of FLGT shares?

The filing reports 220,816 shares held by The Hsieh Family Dynasty Trust. Jian Xie serves on the trust’s investment committee and disclaims beneficial interest in those shares except with respect to any pecuniary interest he may have.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Xie Jian

(Last)(First)(Middle)
C/O FULGENT GENETICS, INC.
4399 SANTA ANITA AVENUE

(Street)
EL MONTE CALIFORNIA 91731

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Fulgent Genetics, Inc. [ FLGT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/02/2026S2,127(1)D$19.6564(2)359,924D
Common Stock220,816IBy Trust(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold by 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.
2. The shares were sold in multiple transactions at prices ranging from $19.60 to $19.74, inclusive. The reported price reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
3. 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.
/s/ Paul Kim as Attorney-in-Fact09/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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