Tax withholding trims Myriad Genetics (MYGN) CSO stake by 946 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Myriad Genetics Chief Scientific Officer Dale Muzzey reported a routine tax-withholding transaction tied to equity compensation. On April 14, 2026, 946 shares of Common Stock were withheld by the company at $4.91 per share to cover tax obligations from previously granted restricted stock units vesting. After this withholding, Muzzey directly holds 326,310 shares of Myriad Genetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Muzzey Dale
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 946 | $4.91 | $5K |
Holdings After Transaction:
Common Stock — 326,310 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 946 shares
Withholding price per share: $4.91 per share
Shares held after transaction: 326,310 shares
3 metrics
Shares withheld for taxes
946 shares
Tax-withholding disposition on April 14, 2026
Withholding price per share
$4.91 per share
Based on closing price on April 14, 2026
Shares held after transaction
326,310 shares
Direct holdings following tax withholding
Key Terms
restricted stock units, tax withholding obligations, Common Stock, closing price
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units previously granted"
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
"withheld by the Issuer to satisfy tax withholding obligations in connection"
Common Stock financial
"Represents shares of Common Stock withheld by the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
closing price financial
"determined based on the closing price of Issuer's Common Stock"
FAQ
What insider transaction did Myriad Genetics (MYGN) report for Dale Muzzey?
Myriad Genetics reported that Chief Scientific Officer Dale Muzzey had 946 shares of Common Stock withheld to cover tax obligations from vesting restricted stock units, rather than executing an open-market sale, as disclosed in a Form 4 insider transaction.
Was the Myriad Genetics (MYGN) Form 4 a stock sale by the CSO?
No, the Form 4 shows a tax-withholding disposition. The company withheld 946 shares at $4.91 per share to satisfy Muzzey’s tax obligations on RSUs vesting, instead of him selling shares on the open market.
What triggered the tax withholding in the Myriad Genetics (MYGN) Form 4?
The tax withholding was triggered by the vesting of restricted stock units previously granted to Dale Muzzey. To satisfy related tax obligations, Myriad Genetics withheld 946 shares instead of requiring a separate cash payment.