Director at Guardant Health (NASDAQ: GH) gains 232 shares via RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Manuel Hidalgo Medina exercised restricted stock units into common shares as part of his equity compensation. On May 17, 2026, 232 RSUs converted into 232 shares of common stock at a stated price of $0.00 per share, reflecting a vesting event rather than an open-market purchase.
Following the transaction, he held 1,889 shares of common stock directly and 6,033 restricted stock units. The RSU grant, awarded 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 — 6,033 shares (Direct, null);
Common Stock — 1,889 shares (Direct, null)
Footnotes (1)
- The restricted stock unit 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
RSUs exercised: 232 shares
Exercise price: $0.00 per share
Common shares after: 1,889 shares
+3 more
6 metrics
RSUs exercised
232 shares
Restricted stock units converted to common stock on May 17, 2026
Exercise price
$0.00 per share
Stated transaction price for RSU conversion
Common shares after
1,889 shares
Direct common stock holdings following the transaction
RSUs after
6,033 units
Restricted stock units remaining after the reported conversion
Initial RSU vesting
25% of award
Vested on July 17, 2025 from July 17, 2024 grant
Remaining RSU vesting
75% of award
Vests monthly over three years after July 17, 2025
Key Terms
Restricted Stock Units, Exercise or conversion of derivative security, derivative security, vests monthly
4 terms
Restricted Stock Units financial
"The restricted stock unit 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
derivative security financial
"transaction_type: derivative; transaction_action: derivative exercise/conversion"
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) report for Manuel Hidalgo Medina?
Guardant Health reported that director Manuel Hidalgo Medina exercised 232 restricted stock units into 232 common shares. This was an equity compensation vesting event, not an open‑market trade, and reflects part of a previously granted RSU award.
What are the vesting terms of Manuel Hidalgo Medina’s RSU grant at Guardant Health (GH)?
The RSU grant dated July 17, 2024 vests over four years. Twenty‑five percent vested on July 17, 2025, with the remaining seventy‑five percent vesting monthly over the following three years according to the disclosed vesting schedule.
Was the Guardant Health (GH) insider transaction a market purchase or a compensation event?
The transaction was a compensation-related RSU conversion, not a market purchase or sale. 232 restricted stock units were exercised into 232 common shares at a stated price of $0.00 per share as they vested under the award terms.
How many restricted stock units did Manuel Hidalgo Medina exercise in this Guardant Health (GH) filing?
He exercised 232 restricted stock units, which converted into 232 shares of Guardant Health common stock. This RSU conversion is classified as an exercise or conversion of a derivative security in the Form 4 data.