Guardant Health (GH) CFO logs RSU vesting and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health, Inc.’s Chief Financial Officer Michael Brian Bell reported routine equity compensation activity. On June 15, 2026, 2,039 Restricted Stock Units were converted into an equal number of shares of common stock, reflecting the vesting schedule of an award granted on June 9, 2023.
On the same date, 1,096 shares of common stock were withheld by the company to cover Mr. Bell’s tax withholding obligations tied to this vesting, with the shares valued at $129.82 each. After these transactions, Mr. Bell directly owned 49,548 shares of Guardant Health common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,039 shares exercised/converted
Mixed
3 txns
Insider
Bell Michael Brian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,039 | $0.00 | -- |
| Exercise | Common Stock | 2,039 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,096 | $129.82 | $142K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 49,548 shares (Direct, null)
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 June 9, 2023 that vested 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 vested in equal quarterly installments over the remaining two-year period thereafter. Not applicable for Restricted Stock Units.
Key Figures
RSUs converted: 2,039 shares
Shares withheld for tax: 1,096 shares
Withholding share value: $129.82 per share
+3 more
6 metrics
RSUs converted
2,039 shares
Restricted Stock Units converted to common stock on June 15, 2026
Shares withheld for tax
1,096 shares
Common stock retained by company for tax withholding
Withholding share value
$129.82 per share
Value used for tax-withholding disposition
Shares owned after transactions
49,548 shares
CFO Bell’s direct Guardant Health common stock holdings post-transaction
Tax-withholding transactions
1 event, 1,096 shares
Summary tax withholding per transactionSummary
Derivative exercises
1 event, 2,039 shares
Exercise/conversion of RSUs into common stock
Key Terms
Restricted Stock Units, tax withholding obligations, Form 4
3 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on June 9, 2023 that vested over a three-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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Guardant Health (GH) report for its CFO?
Guardant Health’s CFO Michael Brian Bell reported RSU vesting and related share withholding. 2,039 Restricted Stock Units converted into common shares, and 1,096 shares were retained by the company to satisfy tax obligations tied to that vesting.
What was the size of the RSU award involved for Guardant Health (GH) CFO?
The Form 4 shows 2,039 Restricted Stock Units converted into common stock on June 15, 2026. Footnotes explain this is part of an RSU grant from June 9, 2023 with vesting over three years, including quarterly installments after June 15, 2024.