Myriad Genetics (MYGN) COO receives RSU grant, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Myriad Genetics’ Chief Operating Officer Mark Verratti reported routine equity compensation activity. On March 12, 2026, he acquired 247,423 time-based restricted stock units, each representing one future share that vests in three equal annual installments starting one year after the grant.
On March 13–15, 2026, a total of 29,289 shares of common stock were withheld at $4.66 per share to cover tax obligations tied to the vesting of previously granted time-based and performance-based restricted stock units. After these transactions, Verratti directly held 632,770 shares of Myriad Genetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Verratti Mark
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,611 | $4.66 | $26K |
| Tax Withholding | Common Stock | 9,096 | $4.66 | $42K |
| Tax Withholding | Common Stock | 5,418 | $4.66 | $25K |
| Tax Withholding | Common Stock | 9,164 | $4.66 | $43K |
| Grant/Award | Common Stock | 247,423 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 641,866 shares (Direct)
Footnotes (1)
- Consists of time-based restricted stock units granted pursuant to the Issuer's 2017 Employee, Director and Consultant Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and vests in three equal annual installments beginning on the first anniversary of the grant date. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the Reporting Person. The number of shares withheld was determined based on the closing price of Issuer's Common Stock on March 13, 2026. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units previously granted to the Reporting Person. The number of shares withheld was determined based on the closing price of the Issuer's Common Stock on March 13, 2026.
FAQ
What insider transactions did MYGN COO Mark Verratti report on this Form 4?
Mark Verratti reported a grant of 247,423 time-based restricted stock units and several tax-withholding dispositions totaling 29,289 shares tied to vesting of earlier awards. These are compensation-related events rather than open-market purchases or sales.
Were the MYGN COO’s Form 4 transactions open-market stock sales?
No, the dispositions were not open-market sales. They represent shares of common stock withheld by Myriad Genetics to satisfy tax withholding obligations when previously granted time-based and performance-based restricted stock units vested, with values based on the March 13, 2026 closing price.