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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,127 | $19.6564 | $42K |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (3)
- 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.
- 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.
- 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.
Key Figures
Key Terms
restricted stock units financial
weighted-average sale price financial
pecuniary interest financial
indirect ownership financial
FAQ
What insider transaction did FLGT report for President and COO Jian Xie?
Were the FLGT insider trades made under a Rule 10b5-1 trading plan?
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