Director at Guardant Health (GH) acquires 155 shares via RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Steve E. Krognes acquired 155 shares of Common Stock through the vesting and exercise of Restricted Stock Units. The transaction occurred on March 31, 2026 at an exercise price of $0.00 per share, reflecting a routine equity-compensation event rather than an open-market purchase.
The 155 Restricted Stock Units converted into 155 shares of Common Stock, increasing his direct Common Stock holdings to 19,208 shares following the transaction. He also continues to hold 463 Restricted Stock Units after this vesting. The underlying award was originally granted on August 9, 2022 and vests over four years, with 25% vesting on June 30, 2023 and the remaining 75% vesting in substantially equal monthly installments over the subsequent three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
155 shares exercised/converted
Mixed
2 txns
Insider
Krognes Steve E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 155 | $0.00 | -- |
| Exercise | Common Stock | 155 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 463 shares (Direct);
Common Stock — 19,208 shares (Direct)
Footnotes (1)
- This represents a restricted stock unit award granted on August 9, 2022 that vests over 4 years. 25% of the shares subject to such award vested on June 30, 2023 and the remaining 75% of the shares subject to such award vests in substantially equal monthly installments during the three-year period thereafter. Not applicable for Restricted Stock Units.
Key Figures
RSUs exercised: 155 units
Shares acquired: 155 shares
Common shares held after: 19,208 shares
+3 more
6 metrics
RSUs exercised
155 units
Restricted Stock Units converted to Common Stock on March 31, 2026
Shares acquired
155 shares
Common Stock received from RSU exercise at $0.00 per share
Common shares held after
19,208 shares
Direct Common Stock holdings following the transaction
RSUs remaining
463 units
Restricted Stock Units held after the March 31, 2026 vesting
Exercise price
$0.00 per share
Price for converting RSUs into Common Stock
Grant date
August 9, 2022
Original date of the Restricted Stock Unit award
Key Terms
Restricted Stock Units, vests over 4 years, derivative security, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on August 9, 2022 that vests over 4 years."
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.
vests over 4 years financial
"This represents a restricted stock unit award granted on August 9, 2022 that vests over 4 years."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Guardant Health (GH) report for Steve E. Krognes?
Guardant Health reported that director Steve E. Krognes acquired 155 shares of Common Stock. The shares came from the vesting and exercise of 155 Restricted Stock Units on March 31, 2026, as part of his existing equity compensation award.
Was the Guardant Health (GH) insider transaction an open-market buy or a compensation event?
The transaction was a compensation-related event, not an open-market purchase. Krognes exercised and converted 155 Restricted Stock Units at an exercise price of $0.00 per share, receiving 155 shares of Common Stock as part of his previously granted equity award.
When was the Restricted Stock Unit award for Guardant Health (GH) granted and how does it vest?
The Restricted Stock Unit award was granted on August 9, 2022. Twenty-five percent of the shares vested on June 30, 2023, and the remaining seventy-five percent vest in substantially equal monthly installments over the following three-year period, subject to continued service.
How many Restricted Stock Units did Steve E. Krognes retain after this Guardant Health (GH) vesting?
Following the March 31, 2026 vesting and conversion of 155 Restricted Stock Units into Common Stock, Steve E. Krognes continues to hold 463 Restricted Stock Units. These units reflect additional equity compensation that is scheduled to vest over time under the award terms.