Guardant Health (GH) director trades shares after 250 RSUs convert
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Tariq Musa reported transactions in company equity. On July 15, 2026, he converted 250 Restricted Stock Units into 250 shares of common stock at no cash cost, leaving 1,999 RSUs outstanding. On July 16, he sold 116 shares of common stock in an open-market sale at $163.29 per share and held 11,182 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 116 shares ($18,942)
Net Sell
3 txns
Insider
Tariq Musa
Role
Director
Sold
116 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 116 | $163.29 | $19K |
| Exercise | Restricted Stock Units | 250 | $0.00 | -- |
| Exercise | Common Stock | 250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,182 shares (Direct);
Restricted Stock Units — 1,999 shares (Direct)
Footnotes (1)
- The restricted stock unit award granted on March 6, 2023 vests over a four-year period. 25% of the shares subject to such award vested on March 15, 2024 and the remaining 75% vests monthly for the three-year period thereafter. Not applicable for Restricted Stock Units.
Key Figures
Common shares sold: 116 shares
Sale price per share: $163.29
Shares acquired from RSU conversion: 250 shares
+4 more
7 metrics
Common shares sold
116 shares
Open-market sale of common stock on July 16, 2026
Sale price per share
$163.29
Price per share for 116 common shares sold July 16, 2026
Shares acquired from RSU conversion
250 shares
Common stock received from Restricted Stock Units on July 15, 2026
Common shares held after transactions
11,182 shares
Total common stock directly owned following July 16, 2026 sale
Restricted Stock Units remaining
1,999 units
RSUs outstanding after July 15, 2026 conversion
RSU grant date
March 6, 2023
Grant date of Restricted Stock Unit award subject to four-year vesting
Initial RSU vesting date
March 15, 2024
Date when 25% of the March 6, 2023 RSU award vested
Key Terms
Restricted Stock Units, open-market sale, derivative security, vests monthly
4 terms
Restricted Stock Units financial
"The restricted stock unit award granted on March 6, 2023 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.
open-market sale financial
"transaction_action: open-market sale of 116 shares of Common Stock."
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.
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.
vests monthly financial
"the remaining 75% vests monthly for the three-year period thereafter."
FAQ
What insider transactions did Tariq Musa report for Guardant Health (GH)?
Tariq Musa, a director of Guardant Health, reported both an RSU conversion and a stock sale. He converted 250 Restricted Stock Units into 250 common shares on July 15, 2026, then sold 116 common shares in an open-market transaction on July 16, 2026.
What happened to Tariq Musa’s Restricted Stock Units in Guardant Health (GH)?
On July 15, 2026, 250 Restricted Stock Units were converted into 250 common shares at no cash exercise price. After this conversion, Musa still holds 1,999 Restricted Stock Units, representing additional potential future common stock upon vesting and settlement.
What is the vesting schedule for Tariq Musa’s March 6, 2023 RSU award at Guardant Health (GH)?
The March 6, 2023 RSU award vests over four years. 25% of the shares vested on March 15, 2024, and the remaining 75% vests monthly over the subsequent three-year period, creating ongoing incremental equity delivery over time.