STOCK TITAN

Guardant Health (GH) director exercises 232 RSUs into common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hidalgo Medina Manuel

(Last)(First)(Middle)
3100 HANOVER STREET

(Street)
PALO ALTO CALIFORNIA 94304

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Guardant Health, Inc. [ GH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/17/2026M232A$01,657D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$004/17/2026M232 (1) (2)Common Stock232$06,265D
Explanation of Responses:
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.
2. Not applicable for Restricted Stock Units.
Remarks:
/s/ John G. Saia, as attorney-in-fact for Manuel Hidalgo Medina04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Guardant Health (GH) common shares does Manuel Hidalgo Medina hold after this Form 4?

After the reported transaction, Manuel Hidalgo Medina directly holds 1,657 shares of Guardant Health common stock. This reflects the addition of 232 shares acquired through exercising restricted stock units, as disclosed in the Form 4 insider filing data.

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.

How many shares were involved in Manuel Hidalgo Medina’s derivative exercise at Guardant Health (GH)?

The derivative exercise involved 232 shares tied to restricted stock units. These 232 RSUs converted into 232 shares of Guardant Health common stock at a stated price of $0.00 per share, as shown in both the derivative and non-derivative transaction entries.