Guardant Health (GH) director sells 116 shares after exercising 250 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Tariq Musa exercised equity awards and made a small stock sale. On May 15, 2026, 250 restricted stock units converted into common shares, and on May 18, 2026 he sold 116 common shares at $95.96 each, leaving 8,662 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 116 shares ($11,131)
Net Sell
3 txns
Insider
Tariq Musa
Role
null
Sold
116 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 116 | $95.96 | $11K |
| Exercise | Restricted Stock Units | 250 | $0.00 | -- |
| Exercise | Common Stock | 250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,662 shares (Direct, null);
Restricted Stock Units — 2,499 shares (Direct, null)
Footnotes (1)
- The restricted stock units granted on March 6, 2023 vests over a four-year period. 25% of the shares subject to such award vested on March 15, 2024 and the remaining 75% vests monthly for the three-year period thereafter. Not applicable for Restricted Stock Units.
Key Figures
Shares sold: 116 shares
Sale price per share: $95.96 per share
RSUs converted: 250 RSUs
+4 more
7 metrics
Shares sold
116 shares
Open-market sale of common stock on May 18, 2026
Sale price per share
$95.96 per share
Open-market sale of 116 common shares
RSUs converted
250 RSUs
Restricted stock units converted to common stock on May 15, 2026
Common shares after transactions
8,662 shares
Direct holdings of common stock following reported transactions
RSUs remaining
2,499 RSUs
Restricted stock units outstanding after 250-unit conversion
Award grant date
March 6, 2023
Grant date for the restricted stock unit award
Initial vesting date
March 15, 2024
25% of RSU award vested on this date
Key Terms
Restricted Stock Units, open-market sale, derivative security, vests monthly
4 terms
Restricted Stock Units financial
"The restricted stock units granted on March 6, 2023 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.
open-market sale financial
"transaction_action: "open-market sale" for the 116 common shares transaction."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" for the RSU conversion."
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.
vests monthly financial
"the remaining 75% vests monthly for the three-year period thereafter."
FAQ
What insider transactions did Guardant Health (GH) director Tariq Musa report?
Tariq Musa reported exercising 250 restricted stock units into Guardant Health common shares and selling 116 common shares in an open-market transaction. These actions were recorded as routine equity award activity and a relatively small stock sale.
What happened to Tariq Musa’s restricted stock units in Guardant Health (GH)?
On May 15, 2026, 250 restricted stock units converted into Guardant Health common shares at a stated price of $0.00 per unit. Following this conversion, 2,499 restricted stock units remain outstanding under the same award, continuing to vest over the defined schedule.
How do Tariq Musa’s Guardant Health (GH) RSUs vest over time?
The restricted stock units granted on March 6, 2023 vest over four years. Twenty-five percent vested on March 15, 2024, and the remaining 75% vest in equal monthly installments over the following three-year period, subject to the award’s standard terms.