Guardant Health officer gets 7,414 shares via RSUs
Guardant Health, Inc. Chief Commercial Officer Chris Freeman reported compensation-related equity activity involving restricted stock units.
Rhea-AI Filing Summary
Guardant Health, Inc. Chief Commercial Officer Chris Freeman reported compensation-related equity activity involving restricted stock units. On July 1, 2026, RSU awards vested and were converted into a total of 7,414 shares of common stock, reflecting derivative exercises rather than open-market purchases.
To cover tax obligations arising from this vesting, 3,141 shares of common stock were retained by the company at a value of $170.77 per share, as noted in the footnotes. The transactions do not include any open-market buying or selling, and are characterized as routine equity compensation and tax withholding events.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,414 shares exercised/converted
Exercise
9 txns
Insider
Freeman Chris
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,928 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,526 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,293 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,928 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,667 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,526 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,293 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,141 | $170.77 | $536K |
Holdings After Transaction:
Restricted Stock Units — 25,275 contracts (Direct);
Common Stock — 65,374 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 vest in equal quarterly installments over the remaining two-year period thereafter.
Key Figures
RSU shares vested: 7,414 shares
Shares withheld for taxes: 3,141 shares
Tax withholding share value: $170.77 per share
+3 more
6 metrics
RSU shares vested
7,414 shares
Common stock from restricted stock unit vesting on July 1, 2026
Shares withheld for taxes
3,141 shares
Common stock retained by company to satisfy tax withholding
Tax withholding share value
$170.77 per share
Value used for 3,141 shares withheld for tax obligations
Derivative exercises
4 transactions
Exercise or conversion of derivative securities (RSUs) with code M
Shares from derivative exercises
7,414 shares
ExerciseShares reported in transaction summary
Tax-withholding disposition
1 transaction
Code F entry retaining shares to cover tax liability
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, restricted stock unit award
4 terms
Restricted Stock Units financial
"This represents a restricted stock unit award granted on November 7, 2022 that 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.
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"
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.
restricted stock unit award financial
"This represents a restricted stock unit award granted on December 13, 2023 that vests over a three-year period."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Guardant Health (GH) report for Chris Freeman?
Guardant Health reported that Chief Commercial Officer Chris Freeman had restricted stock units vest into 7,414 common shares, with 3,141 shares withheld by the company to cover taxes. These are equity compensation and tax-withholding events, not open-market trades.
What do the F and M transaction codes mean in Chris Freeman’s Guardant Health filing?
In this filing, code F reflects shares withheld to pay tax obligations, while code M indicates exercises or conversions of derivative securities, here restricted stock units. Together they describe RSU vesting and associated tax withholding, not discretionary stock trades.
Are Chris Freeman’s Guardant Health RSUs subject to time-based vesting schedules?
Yes. Footnotes explain multiple RSU grants vest over three- or four-year periods, with initial portions vesting on specific October or April dates and remaining shares vesting in equal quarterly installments, reflecting typical time-based executive equity compensation structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
