Guardant Health (GH) director exercises 232 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Manuel Hidalgo Medina exercised restricted stock units into common shares. On April 17, 2026, he acquired 232 shares of Guardant Health, Inc. common stock through a derivative exercise at a stated price of $0.00 per share.
Following the transaction, he directly holds 1,657 shares of common stock and 6,265 restricted stock units. The RSU award, granted on July 17, 2024, vests over four years, with 25% vesting on July 17, 2025 and the remaining 75% vesting monthly over the subsequent three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
232 shares exercised/converted
Mixed
2 txns
Insider
Hidalgo Medina Manuel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 232 | $0.00 | -- |
| Exercise | Common Stock | 232 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,265 shares (Direct, null);
Common Stock — 1,657 shares (Direct, null)
Footnotes (1)
- The restricted stock unit award granted on July 17, 2024 vests over a four-year period. 25% of the shares subject to such award vested on July 17, 2025 and the remaining 75% vests monthly for the three-year period thereafter. Not applicable for Restricted Stock Units.
Key Figures
Shares acquired via RSU exercise: 232 shares
Common shares held after transaction: 1,657 shares
Restricted stock units outstanding: 6,265 RSUs
+4 more
7 metrics
Shares acquired via RSU exercise
232 shares
Exercise of restricted stock units on April 17, 2026
Common shares held after transaction
1,657 shares
Direct ownership following the April 17, 2026 exercise
Restricted stock units outstanding
6,265 RSUs
Derivative holdings following the reported transaction
RSU exercise price
$0.00 per share
Stated transaction price for 232 RSUs converted to common stock
RSU grant date
July 17, 2024
Date the restricted stock unit award was originally granted
Initial RSU vesting milestone
25% on July 17, 2025
Portion of RSU award that vests one year after grant
Remaining RSU vesting period
75% over three years
Balance of award vests monthly for three years after July 17, 2025
Key Terms
Restricted Stock Units, derivative security, vests monthly
3 terms
Restricted Stock Units financial
"The restricted stock unit award granted on July 17, 2024 vests over a four-year period."
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.
derivative security financial
"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.
vests monthly financial
"the remaining 75% vests monthly for the three-year period thereafter."
FAQ
What insider transaction did Guardant Health (GH) director Manuel Hidalgo Medina report?
Manuel Hidalgo Medina reported an acquisition of shares via derivative exercise. On April 17, 2026, he exercised restricted stock units to receive 232 shares of Guardant Health common stock at a stated price of $0.00 per share, increasing his direct share ownership.
What is the size of the restricted stock unit position reported by Manuel Hidalgo Medina at Guardant Health (GH)?
Following the transaction, Manuel Hidalgo Medina holds 6,265 restricted stock units tied to Guardant Health common stock. These RSUs represent a derivative position that will convert into shares over time as they vest according to the disclosed vesting schedule.
What are the vesting terms of Manuel Hidalgo Medina’s restricted stock units at Guardant Health (GH)?
The RSU award granted on July 17, 2024 vests over four years. According to the footnote, 25% of the shares vested on July 17, 2025, and the remaining 75% vest monthly over the next three years, providing a gradual equity delivery schedule.
Was Manuel Hidalgo Medina’s Guardant Health (GH) transaction a market purchase or a derivative exercise?
The transaction was a derivative exercise rather than an open-market purchase. The Form 4 classifies it under code M, described as an exercise or conversion of a derivative security, specifically restricted stock units converting into common stock without a reported market trade.