Guardant Health CLO Exercises RSUs, Shares Withheld
Guardant Health Chief Legal Officer John G. Saia reported compensation-related stock activity tied to restricted stock units (RSUs).
Rhea-AI Filing Summary
Guardant Health Chief Legal Officer John G. Saia reported compensation-related stock activity tied to restricted stock units (RSUs). On 2026-07-01, several RSU awards vested and converted into a total of 7,063 shares of Guardant Health common stock at a stated price of $0.00 per share.
To cover tax obligations from this vesting, the company retained 3,707 shares at a price of $170.77 per share, according to the filing footnotes. These transactions reflect RSU vesting, derivative exercises, and tax withholding, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,063 shares exercised/converted
Exercise
9 txns
Insider
Saia John G.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 974 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,925 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,497 | $0.00 | $0.00 |
| Exercise | Common Stock | 974 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,667 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,925 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,497 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,707 | $170.77 | $633K |
Holdings After Transaction:
Restricted Stock Units — 27,742 contracts (Direct);
Common Stock — 39,791 shares (Direct)
Footnotes (6)
- 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 November 7, 2022 that vests over a four-year period. 25% of the shares subject to such award vested on October 1, 2023 and the remaining 75% of the shares vests in equal quarterly installments over the remaining three-year period thereafter.
- F3. Not applicable for Restricted Stock Units.
- F4. This represents a restricted stock unit award granted on December 13, 2023 that vests over a three-year period. 33% of the shares subject to such award vested on October 1, 2024 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
- F5. This represents a restricted stock unit award granted on November 8, 2024 that vests over a three-year period. 33% of the shares subject to such award vested on October 1, 2025 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
- F6. 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 April 1, 2026 and the remaining 67% of the shares vest in equal quarterly installments over the remaining two-year period thereafter.
Key Figures
RSUs converted to common stock: 7,063 shares
Shares withheld for taxes: 3,707 shares
Tax withholding price: $170.77 per share
+3 more
6 metrics
RSUs converted to common stock
7,063 shares
Total derivative exercises on 2026-07-01
Shares withheld for taxes
3,707 shares
Retained by company to meet tax withholding obligations
Tax withholding price
$170.77 per share
Value used for 3,707 shares retained for taxes
Non-derivative exercise count
4 transactions
Common stock entries coded M on 2026-07-01
Derivative RSU transactions
4 transactions
RSU entries coded M on 2026-07-01
Shares after tax disposition
39,791 shares
Common stock held directly following F-code tax withholding entry
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, non-derivative, +1 more
5 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on November 7, 2022 that 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.
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.
non-derivative financial
"transaction_type": "non-derivative""
restricted stock unit award financial
"This represents a restricted stock unit award granted on December 13, 2023 that vests over a three-year period."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Guardant Health (GH) report for John G. Saia?
Guardant Health reported that Chief Legal Officer John G. Saia had restricted stock units vest, converting into 7,063 shares of common stock. The company then retained 3,707 shares to satisfy tax withholding obligations related to this RSU vesting event.
What do the RSU footnotes in Guardant Health’s Form 4 explain?
The footnotes explain that 3,707 shares were retained by the company for tax withholding and describe several RSU grants from 2022 to 2025, each vesting over three or four years with portions vesting on specific dates and then in equal quarterly installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
