Guardant Health CIO exercises RSUs, covers taxes
Guardant Health Chief Information Officer Kumud Kalia reported routine equity compensation activity involving restricted stock units.
Rhea-AI Filing Summary
Guardant Health Chief Information Officer Kumud Kalia reported routine equity compensation activity involving restricted stock units. On April 1, 2026, several restricted stock unit awards converted into a total of 10,044 shares of Common Stock, reflecting scheduled vesting from previously granted awards.
To cover related tax obligations, 5,092 Common Stock shares were withheld by Guardant Health at $91.15 per share, as described in the footnotes, and were not sold in the open market. After these transactions, Kalia directly holds 49,249 Common Stock shares, indicating an overall increase in his equity stake despite the tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,044 shares exercised/converted
Exercise
9 txns
Insider
Kalia Kumud
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,607 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,084 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,994 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,359 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,607 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,084 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,994 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,359 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,092 | $91.15 | $464K |
Holdings After Transaction:
Restricted Stock Units — 28,232 contracts (Direct);
Common Stock — 49,249 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 vests in equal quarterly installments over the remaining two-year period thereafter.
Key Figures
RSU shares vested: 10,044 shares
Tax withholding shares: 5,092 shares
Tax withholding price: $91.15 per share
+4 more
7 metrics
RSU shares vested
10,044 shares
Restricted Stock Units converting into Common Stock on April 1, 2026
Tax withholding shares
5,092 shares
Common Stock withheld to meet tax obligations on RSU vesting
Tax withholding price
$91.15 per share
Value used for Common Stock withheld for taxes
Shares held after transactions
49,249 shares
Guardant Health Common Stock directly owned by Kumud Kalia after Form 4
Derivative exercises count
4 transactions
RSU-related exercises/conversions coded M on April 1, 2026
Derivative shares exercised
10,044 shares
Aggregate underlying shares from RSU exercises per transaction summary
Tax-withholding transactions
1 transaction
Disposition coded F for tax withholding of Common Stock
Key Terms
Restricted Stock Units, tax withholding obligations, vests in equal quarterly installments, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units 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 of an installment of the restricted stock units."
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 of an installment of the restricted stock units."
vests in equal quarterly installments financial
"the remaining 75% of the shares vests in equal quarterly installments over the remaining three-year period thereafter."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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 did Guardant Health (GH) disclose about Kumud Kalia’s recent equity transactions?
Guardant Health reported that CIO Kumud Kalia had several restricted stock unit awards vest on April 1, 2026, converting into 10,044 shares of Common Stock. These transactions reflect routine equity compensation rather than discretionary open-market share purchases or sales.
What type of transactions are reported in Kumud Kalia’s Guardant Health (GH) Form 4?
The Form 4 reports derivative exercises/conversions as restricted stock units vested into Common Stock, coded M, and a tax-withholding disposition of Common Stock shares, coded F. There are no open-market purchases or sales indicated in the transaction summary.
Over what period do Kumud Kalia’s Guardant Health (GH) RSU awards vest?
Footnotes describe multiple RSU grants vesting over three- or four-year periods, with an initial portion vesting on specific dates and the remaining shares vesting in equal quarterly installments. These schedules explain why several RSU tranches converted into Common Stock on April 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
