Guardant Health (GH) CMO exercises RSUs; shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health Chief Medical Officer Craig Eagle exercised and vested stock awards, with part withheld for taxes. On March 15, 2026, performance-based and time-based restricted stock units covering 13,712 and 1,402 shares of common stock, respectively, were converted into common shares at no exercise price. The company retained 7,661 shares of common stock at $85.49 per share to satisfy Dr. Eagle’s tax withholding obligations related to this vesting, rather than selling shares on the open market. Following these transactions, Dr. Eagle directly holds 66,380 shares of Guardant Health common stock. No remaining derivative awards related to these units are shown after this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,114 shares exercised/converted
Mixed
5 txns
Insider
EAGLE CRAIG
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units | 13,712 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,402 | $0.00 | -- |
| Exercise | Common Stock | 13,712 | $0.00 | -- |
| Exercise | Common Stock | 1,402 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,661 | $85.49 | $655K |
Holdings After Transaction:
Performance-Based Restricted Stock Units — 0 shares (Direct);
Restricted Stock Units — 1,402 shares (Direct);
Common Stock — 72,639 shares (Direct)
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 performance-based restricted stock unit award granted on June 7, 2023 with a 3-year performance metric. The second tranche metric was achieved and the shares vested on March 15, 2026. 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 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
FAQ
What did Guardant Health (GH) Chief Medical Officer Craig Eagle report on this Form 4?
Craig Eagle reported the vesting and conversion of restricted stock units into Guardant Health common stock, along with shares withheld to cover tax obligations. These transactions reflect compensation-related equity events rather than open-market buying or selling activity.
How many Guardant Health (GH) restricted stock units vested for Craig Eagle?
A performance-based award covering 13,712 units and a time-based award covering 1,402 units vested for Craig Eagle. Both awards converted into an equal number of Guardant Health common shares at a zero exercise price as part of his equity compensation.
Were Craig Eagle’s Guardant Health (GH) transactions open-market buys or sells?
The transactions were not open-market trades. They reflect the exercise and conversion of restricted stock units into common shares, plus shares withheld by the company to pay taxes, rather than discretionary purchases or sales on the stock market.
What performance conditions applied to Craig Eagle’s Guardant Health (GH) performance-based units?
The performance-based restricted stock unit award, granted June 7, 2023, carried a three-year performance metric. The second tranche metric was achieved, and those units vested on March 15, 2026, triggering conversion into Guardant Health common shares.