Guardant Health (NASDAQ: GH) director trades under 10b5-1 plan
Rhea-AI Filing Summary
Guardant Health, Inc. (GH) director Tariq Musa reported a combination of RSU vesting and share sales. On August 15, 2026, 250 Restricted Stock Units were converted into 250 shares of common stock, increasing direct holdings to 1,749 shares. On August 17, 2026, he sold 116 common shares at $156.45 per share in an open-market or private transaction. The RSU award was granted on March 6, 2023 and vests over four years, with 25% vested March 15, 2024 and the remaining 75% vesting monthly over the following three years. The filing indicates these transactions were effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Tariq Musa
Role
Director
Sold
116 shs ($18K)
Approx. gross sale proceeds
$18K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 116 | $156.45 | $18K |
| Exercise | Restricted Stock Units F1, F2 | 250 | $0.00 | $0.00 |
| Exercise | Common Stock | 250 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,749 shares (Direct);
Common Stock — 11,316 shares (Direct)
Footnotes (2)
- F1. The restricted stock unit award 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.
- F2. Not applicable for Restricted Stock Units.
Key Figures
Shares sold: 116 shares
Sale price: $156.45 per share
RSUs converted: 250 shares
+4 more
7 metrics
Shares sold
116 shares
Common stock sale on August 17, 2026
Sale price
$156.45 per share
Price for 116 sold common shares on August 17, 2026
RSUs converted
250 shares
Restricted Stock Units converted into common stock on August 15, 2026
Shares held after RSU conversion
1,749 shares
Direct common stock holdings reported after August 15, 2026 acquisition
RSU grant date
March 6, 2023
Grant date of the Restricted Stock Unit award subject to four-year vesting
Initial vesting portion
25%
Portion of RSU award vested on March 15, 2024
Remaining vesting period
3 years
Remaining 75% of RSUs vests monthly over three years after March 15, 2024
Key Terms
Restricted Stock Units, derivative security, Rule 10b5-1 trading plan
3 terms
Restricted Stock Units financial
"The restricted stock unit award 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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
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.
Rule 10b5-1 trading plan regulatory
"The filing indicates these transactions were effected under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transactions did Tariq Musa report in Guardant Health (GH) stock?
Tariq Musa reported RSU vesting and a small share sale. On August 15, 2026, 250 RSUs converted into common stock, and on August 17, 2026, he sold 116 shares at $156.45 per share in an open-market or private transaction.
What RSU vesting activity did Guardant Health (GH) director Tariq Musa report?
On August 15, 2026, 250 Restricted Stock Units held by Tariq Musa were converted into 250 common shares. After this RSU conversion, he directly held 1,749 Guardant Health shares, according to the reported post-transaction holdings for that event.
What is the vesting schedule of Tariq Musa’s RSU award at Guardant Health (GH)?
The RSU award granted on March 6, 2023 vests over four years. 25% of the shares vested on March 15, 2024, and the remaining 75% vests monthly over the next three years, as disclosed in the footnote.
Were Tariq Musa’s Guardant Health (GH) transactions under a Rule 10b5-1 trading plan?
Yes. The filing’s Rule 10b5-1 checkbox is marked, indicating the reported transactions were effected pursuant to a Rule 10b5-1 trading plan, which is a pre-arranged trading program for insiders.
AI-generated analysis. How Rhea-AI works. Not financial advice.