Guardant Health (GH) CCO exercises options, sells 24,406 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health Chief Commercial Officer Chris Freeman exercised options to acquire 24,406 shares of common stock at $32.86 per share and on the same day completed an open-market sale of 24,406 shares at a weighted average price of $118.6741.
After these transactions, Freeman directly holds 60,034 shares of common stock and 701 remaining stock options with a $32.86 exercise price expiring on June 9, 2033. The exercised options come from a June 9, 2023 award that vests over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,406 shares ($2,896,360)
Net Sell
3 txns
Insider
Freeman Chris
Role
Chief Commercial Officer
Sold
24,406 shs ($2.90M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 24,406 | $0.00 | -- |
| Exercise | Common Stock | 24,406 | $32.86 | $802K |
| Sale | Common Stock | 24,406 | $118.6741 | $2.90M |
Holdings After Transaction:
Stock Option (Right to Buy) — 701 shares (Direct, null);
Common Stock — 84,440 shares (Direct, null)
Footnotes (1)
- Represents the weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $118.55 to $118.97. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. This represents a stock option award granted on June 9, 2023 that vests over a three-year period. 33% of the shares subject to such award vested on June 9, 2024 and the remaining 67% of the shares subject to award vests each month during the two-year period thereafter.
Key Figures
Shares sold: 24,406 shares
Sale price: $118.6741 per share
Options exercised: 24,406 shares
+4 more
7 metrics
Shares sold
24,406 shares
Open-market sale of common stock on May 22, 2026
Sale price
$118.6741 per share
Weighted average sale price for 24,406 shares
Options exercised
24,406 shares
Common stock acquired via option exercise on May 22, 2026
Exercise price
$32.86 per share
Stock option exercise price for 24,406 shares
Shares held after
60,034 shares
Direct common stock holdings following transactions
Remaining options
701 options
Stock options remaining after exercise, expiring June 9, 2033
Option expiration
June 9, 2033
Expiration date for remaining stock options
Key Terms
open-market sale, Stock Option (Right to Buy), weighted average sales price per share, stock option award
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 24,406 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying common stock"
stock option award financial
"This represents a stock option award granted on June 9, 2023 that vests over a three-year period"
FAQ
What insider transactions did Guardant Health (GH) report for Chris Freeman?
Guardant Health reported that Chief Commercial Officer Chris Freeman exercised options for 24,406 shares at $32.86 and sold 24,406 shares in an open-market transaction at a weighted average price of $118.6741, leaving him with 60,034 shares.
What stock options did Chris Freeman exercise at Guardant Health (GH)?
Freeman exercised stock options covering 24,406 Guardant Health shares at an exercise price of $32.86 per share. These options were part of a June 9, 2023 award that vests over three years, with 33% vesting in 2024 and the rest monthly thereafter.
Does Chris Freeman still have unexercised Guardant Health (GH) stock options?
Yes. After exercising 24,406 options, Chris Freeman still holds 701 stock options with a $32.86 exercise price. These options relate to a June 9, 2023 grant and carry an expiration date of June 9, 2033 as disclosed in the filing.