Guardant Health (GH) co-CEO reports RSU vesting, tax-share withholdings and over 2.1M shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health, Inc. co-Chief Executive Officer Helmy Eltoukhy reported routine equity compensation activity involving restricted stock units and related common stock. On March 31 and April 1, 2026, multiple restricted stock unit awards converted into an aggregate of tens of thousands of shares of common stock at a $0.00 exercise price.
To cover associated tax obligations upon these vesting events, a total of 18,515 shares of common stock were retained by the company at prices of $92.37 and $91.15 per share, characterized as tax-withholding dispositions rather than open-market sales. Following these transactions, a revocable trust associated with Eltoukhy held 2,112,919 shares of common stock, and he directly held 68,011 restricted stock units. The filing reflects compensation-related vesting and tax withholding, not discretionary market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,530 shares exercised/converted
Mixed
8 txns
Insider
Eltoukhy Helmy
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,997 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,716 | $0.00 | -- |
| Exercise | Common Stock | 23,997 | $0.00 | -- |
| Exercise | Common Stock | 9,716 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,087 | $91.15 | $1.56M |
| Exercise | Restricted Stock Units | 2,817 | $0.00 | -- |
| Exercise | Common Stock | 2,817 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,428 | $92.37 | $132K |
Holdings After Transaction:
Restricted Stock Units — 71,992 shares (Direct);
Common Stock — 2,120,290 shares (Indirect, Shares held by Helmy A. Eltoukhy Revocable Trust)
Footnotes (1)
- 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. This represents a restricted stock unit award granted on March 17, 2026 that vests in four equal installments on the last day of each calendar quarter: March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. Not applicable for Restricted Stock Units. This represents a restricted stock unit award granted on March 18, 2024 that vests over a three-year period. 33% of the shares subject to such award vested on January 1, 2025 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter. This represents a restricted stock unit award granted on March 12, 2025 that vests over a three-year period. 33% of the shares subject to such award vested on January 1, 2026 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
Key Figures
RSU exercises April 1, 2026: 23,997 shares
Additional RSU exercises April 1, 2026: 9,716 shares
RSU exercises March 31, 2026: 2,817 shares
+4 more
7 metrics
RSU exercises April 1, 2026
23,997 shares
Restricted Stock Units converted into common stock at $0.00 exercise price
Additional RSU exercises April 1, 2026
9,716 shares
Restricted Stock Units converted into common stock at $0.00 exercise price
RSU exercises March 31, 2026
2,817 shares
Restricted Stock Units converted into common stock at $0.00 exercise price
Tax withholding disposition
17,087 shares at $91.15
Shares retained by company on April 1, 2026 to satisfy tax obligations
Tax withholding disposition
1,428 shares at $92.37
Shares retained by company on March 31, 2026 to satisfy tax obligations
Indirect common stock holdings
2,112,919 shares
Common stock held by Helmy A. Eltoukhy Revocable Trust after April 1, 2026 transactions
Direct RSU holdings
68,011 RSUs
Restricted stock units directly held by Helmy Eltoukhy after reported conversions
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, Revocable Trust, +1 more
5 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on March 17, 2026 that vests in four equal installments"
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"
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.
Revocable Trust financial
"Shares held by Helmy A. Eltoukhy Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
installments financial
"vests in four equal installments on the last day of each calendar quarter"
