Myriad Genetics (NASDAQ: MYGN) CFO uses 8,761 shares to cover RSU taxes
Rhea-AI Filing Summary
MYRIAD GENETICS INC executive Benjamin Richard Wheeler, Chief Financial Officer, reported a Form 4 transaction involving company common stock. On August 16, 2026, 8,761 shares were withheld by the issuer to cover tax withholding obligations arising from the vesting of previously granted restricted stock units. After this tax-withholding disposition, Wheeler’s directly held common stock position is 289,748 shares.
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Insider Trade Summary
Net Seller: 8,761 shares
Net Sell
1 txn
Insider
Wheeler Benjamin Richard
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 8,761 | $3.03 | $27K |
Holdings After Transaction:
Common Stock — 289,748 shares (Direct)
Footnotes (1)
- F1. 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 August 14, 2026.
Key Figures
Shares withheld for taxes: 8,761 shares
Per-share valuation for withholding: $3.03 per share
Shares owned after transaction: 289,748 shares
+1 more
4 metrics
Shares withheld for taxes
8,761 shares
Common stock withheld to satisfy tax withholding obligations from RSU vesting on August 16, 2026
Per-share valuation for withholding
$3.03 per share
Value used to determine number of shares withheld, based on August 14, 2026 closing price
Shares owned after transaction
289,748 shares
Directly owned MYGN common stock by Benjamin Richard Wheeler following the tax-withholding transaction
Exercise price or tax liability shares
8,761 shares
Total shares reported under code F for payment of tax liability by withholding securities
Key Terms
restricted stock units, tax withholding obligations, withheld by the Issuer
3 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"
withheld by the Issuer financial
"Represents shares of Common Stock withheld by the Issuer to satisfy"
FAQ
What insider transaction did MYGN CFO Benjamin Richard Wheeler report on this Form 4?
Wheeler reported a withholding of 8,761 MYGN common shares on August 16, 2026, used to satisfy tax obligations from vesting restricted stock units. This was recorded as a code F transaction, not an open-market purchase or sale.
Was the MYGN Form 4 transaction an open-market buy or sell by Benjamin Wheeler?
No, the Form 4 reports a code F transaction, meaning shares were withheld to pay tax liabilities from RSU vesting. It does not represent an open-market purchase or sale by Wheeler.
AI-generated analysis. How Rhea-AI works. Not financial advice.