[144] Guardant Health, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Guardant Health, Inc. (GH) shows a planned sale of 26 shares of common stock to be executed on 08/19/2025 through Charles Schwab & Co., with an aggregate market value of $1,534.52. The filing reports the 26 shares were acquired on 08/15/2025 in a restricted stock lapse from Guardant Health as equity compensation. The issuer's outstanding shares are listed as 124,705,857. The notice also discloses three sales by the same person in the past three months: 2,626 shares on 06/16/2025 for $130,512.00, 26 shares on 06/18/2025 for $1,286.00, and 26 shares on 07/17/2025 for $1,253.00. The filer affirms no undisclosed material nonpublic information.
Positive
- Transparent compliance: The filer discloses acquisition date, nature of acquisition, broker, and recent sales history as required by Rule 144.
- Small planned sale relative to shares outstanding: 26 shares (aggregate $1,534.52) is immaterial versus 124,705,857 outstanding shares.
Negative
- Recent insider selling activity: The filer sold 2,626 shares on 06/16/2025 for $130,512.00, which may prompt investor questions despite limited scale.
- Limited contextual information: Filing does not include plan-adoption date or signature details, reducing clarity about Rule 10b5-1 reliance.
Insights
TL;DR: Small planned sale from an equity-compensation lapse; prior insider sales occurred but amounts appear immaterial to market cap.
The filing documents a routine Rule 144 notice for 26 shares derived from a restricted stock lapse and identified as equity compensation. The planned sale's aggregate value of $1,534.52 is trivial versus the stated 124.7 million shares outstanding, suggesting negligible direct impact on share supply or valuation. Historical sales in mid-June and July include a larger 2,626-share sale generating $130,512, which is still small relative to company scale. No financial performance data or new material disclosures are present, so this is a compliance filing rather than a business signal.
TL;DR: Filing reflects disclosure compliance for insider sales; confirms representation of no undisclosed material information.
The document meets Rule 144 disclosure requirements by recording acquisition details, sale intent, broker, and recent sales history for the same account. Reporting that the 26 shares arose from a restricted stock lapse and were acquired on 08/15/2025 provides clarity about insider compensation realization. The signer’s attestation that they possess no undisclosed material information is standard and necessary for compliance. No governance events, executive changes, or plan-adoption dates are provided in the filing.