Myriad Genetics (NASDAQ: MYGN) CEO adds 3,542 shares via employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYRIAD GENETICS INC President and CEO Samraat S. Raha acquired 3,542 shares of common stock on June 11, 2026. The shares were obtained at $3.936 per share under the company’s Amended and Restated 2012 Employee Stock Purchase Plan, as a compensation-related award.
After this acquisition, Raha directly holds 1,068,083 shares of Myriad Genetics common stock. This filing reflects a routine, plan-based share purchase rather than an open-market buy or sell decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raha Samraat S.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,542 | $3.936 | $14K |
Holdings After Transaction:
Common Stock — 1,068,083 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 3,542 shares
Acquisition price: $3.936 per share
Total shares held after: 1,068,083 shares
3 metrics
Shares acquired
3,542 shares
Common stock acquired on June 11, 2026 under ESPP
Acquisition price
$3.936 per share
Price for ESPP acquisition of 3,542 common shares
Total shares held after
1,068,083 shares
Direct holdings of CEO Samraat S. Raha after transaction
Key Terms
Amended and Restated 2012 Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c)
3 terms
Amended and Restated 2012 Employee Stock Purchase Plan financial
"These shares were acquired under the Issuer's Amended and Restated 2012 Employee Stock Purchase Plan"
Rule 16b-3(d) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What did MYRIAD GENETICS INC (MYGN) CEO Samraat Raha report in this Form 4?
Samraat S. Raha reported acquiring 3,542 shares of Myriad Genetics common stock. The shares were obtained through the company’s Amended and Restated 2012 Employee Stock Purchase Plan at $3.936 per share, increasing his direct holdings to 1,068,083 shares.
Was the MYGN CEO’s June 11, 2026 transaction an open-market stock purchase?
No, the CEO’s transaction was not an open-market purchase. The 3,542 shares were acquired under Myriad Genetics’ Amended and Restated 2012 Employee Stock Purchase Plan, in transactions exempt under Rule 16b-3(d) and Rule 16b-3(c), indicating a routine, plan-based acquisition.
What does the $3.936 price in the MYGN Form 4 represent?
The $3.936 figure represents the per-share price for the 3,542 Myriad Genetics shares acquired by CEO Samraat S. Raha. These shares were purchased under the Amended and Restated 2012 Employee Stock Purchase Plan, as disclosed in the Form 4 and related footnote describing the exempt transactions.
What is the significance of Rule 16b-3(d) and 16b-3(c) in the MYGN CEO’s Form 4?
The footnote explains the transactions were exempt under Rule 16b-3(d) and Rule 16b-3(c). These provisions allow certain officer and director transactions, like plan-based acquisitions, to be exempt from short-swing profit rules, underscoring this event as routine compensation-related activity rather than discretionary trading.