Guardant Health CLO exercises RSUs, pays taxes in stock
Guardant Health Chief Legal Officer John G. Saia reported compensation-related stock activity on June 15, 2026.
Rhea-AI Filing Summary
Guardant Health Chief Legal Officer John G. Saia reported compensation-related stock activity on June 15, 2026. He exercised 1,020 restricted stock units into common shares, then had 535 of those shares withheld by the company at $129.82 per share to cover tax obligations, with no open-market sale. After these transactions, Saia directly holds 36,435 Guardant Health shares. The RSU award was granted on June 9, 2023 and vests over three years, with 33% vesting on June 15, 2024 and the remaining 67% vesting in equal quarterly installments over the following two years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,020 shares exercised/converted
Exercise
3 txns
Insider
Saia John G.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,020 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,020 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 535 | $129.82 | $69K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 36,435 shares (Direct)
Footnotes (3)
- F1. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock units. The amount retained by the Company was not in excess of the amount of the tax liability.
- F2. This represents a restricted stock unit award granted on June 9, 2023 that vested over a three-year period. 33% of the shares subject to such award vested on June 15, 2024 and the remaining 67% of the shares vested in equal quarterly installments over the remaining two-year period thereafter.
- F3. Not applicable for Restricted Stock Units.
Key Figures
RSUs converted: 1,020 shares
Shares withheld for taxes: 535 shares
Withholding price: $129.82 per share
+4 more
7 metrics
RSUs converted
1,020 shares
Restricted stock units exercised into common stock on June 15, 2026
Shares withheld for taxes
535 shares
Retained by the company to satisfy tax withholding obligations
Withholding price
$129.82 per share
Value used when 535 shares were retained for tax withholding
Shares held after transaction
36,435 shares
Direct ownership of Guardant Health common stock following Form 4 transactions
RSU grant date
June 9, 2023
Original grant date of the restricted stock unit award
Initial vesting tranche
33%
Portion of RSU award that vested on June 15, 2024
Remaining vesting
67%
Vests in equal quarterly installments over the following two years
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, tax-withholding disposition
4 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on June 9, 2023 that vested over a three-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.
tax withholding obligations financial
"These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Guardant Health (GH) report for John G. Saia?
Guardant Health reported that Chief Legal Officer John G. Saia converted 1,020 restricted stock units into common shares. Of these, 535 shares were withheld by the company to satisfy tax obligations, and Saia held 36,435 shares directly after the compensation-related transactions.
Were John G. Saia’s Guardant Health (GH) transactions open-market stock sales?
No, the reported activity was not an open-market sale. Shares were withheld under code F to pay tax liabilities associated with RSU vesting, meaning the company retained 535 shares rather than Saia selling them into the market.
What are the details of John G. Saia’s restricted stock unit award at Guardant Health (GH)?
The RSU award was granted on June 9, 2023 and vests over three years. According to the disclosure, 33% of the award vested on June 15, 2024, and the remaining 67% vests in equal quarterly installments over the subsequent two-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
