GH Form 4: CFO receives RSUs and disposes of 1,659 shares at $54.79
Rhea-AI Filing Summary
Michael Brian Bell, Chief Financial Officer of Guardant Health, reported changes in his beneficial ownership on 09/15/2025. He received two installments of restricted stock units that resulted in 1,233 and 2,039 common shares being issued (transaction codes M) and the company retained 1,233 shares to cover tax withholding. He sold 1,659 shares at $54.79 (transaction code F). Following these transactions he beneficially owned 46,300 shares.
Positive
- CFO received vested restricted stock units resulting in issuance of 1,233 and 2,039 shares
- Company withheld shares only to satisfy tax obligations, with the retained amount not exceeding the tax liability
- Reporting person continues to hold a material executive stake totaling 46,300 shares after transactions
Negative
- None.
Insights
TL;DR: CFO received vesting restricted stock units, some shares were sold to cover tax, net beneficial ownership increased modestly.
The Form 4 discloses routine compensation-related activity rather than an unusual insider trade. Two RSU installments vested, producing 1,233 and 2,039 underlying shares; the company retained 1,233 shares to satisfy tax withholding obligations, a common practice that does not increase or decrease the total award value. Separately, 1,659 shares were disposed of at $54.79, consistent with either tax planning or personal liquidity needs. The reporting person remains a senior insider with 46,300 shares beneficially owned, which is relevant for governance and alignment analysis but does not by itself indicate a material shift in control or strategy.
TL;DR: Transactions are compensation vesting and a small sell; impact on outstanding float and valuation is immaterial.
The entries reflect standard equity compensation mechanics: two RSU grants vested and were converted into common shares, with an internal share retention to meet tax withholding. The sale of 1,659 shares at $54.79 reduced direct holdings but overall beneficial ownership rose from pre-transaction levels to 46,300 shares after accounting for all reported movements. There is no indication of error or corrective amendment, and the filings were executed by an attorney-in-fact, which is typical for insider reporting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,233 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,039 | $0.00 | -- |
| Exercise | Common Stock | 1,233 | $0.00 | -- |
| Exercise | Common Stock | 2,039 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,659 | $54.79 | $91K |
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 May 9, 2022 that vests over a four-year period. 25% of the shares subject to such award vested on March 15, 2023. The remaining 75% of the shares vests in equal quarterly installments over the remaining three-year period thereafter. Not applicable for Restricted Stock Units. This represents a restricted stock unit award granted on June 9, 2023 that vests over a three-year period. 33% of the shares subject to such award vested on June 15, 2024. The remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
