Fulgent Genetics executive sells 1,193 shares for taxes
Fulgent Genetics, Inc. (FLGT) reported an insider transaction by President and COO Jian Xie.
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Rhea-AI Filing Summary
Fulgent Genetics, Inc. (FLGT) reported an insider transaction by President and COO Jian Xie. On 2026-08-27, Xie sold 1,193 shares of common stock at a weighted-average price of $19.9053 per share to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on February 26, 2024. After this sale, Xie directly held 362,051 shares and had an additional 220,816 shares held indirectly through The Hsieh Family Dynasty Trust, for which he serves on the investment committee and disclaims beneficial interest except for any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,193 | $19.9053 | $24K |
| 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 26, 2024, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 28, 2024.
- F2. The shares were sold in multiple transactions at prices ranging from $19.83 to $20.00, 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
tax withholding obligations financial
pecuniary interest financial
indirect ownership financial
FAQ
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What insider transaction did FLGT executive Jian Xie report on this Form 4?
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