VCYT Insider RSU Tax Withholding Reduces Holdings to 100,790 Shares
Rhea-AI Filing Summary
Veracyte insider Phillip G. Febbo reported a non-sale disposition of 2,955 shares of common stock on 09/02/2025. The transaction reflects shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units, executed at a reported price of $30.11 per share. After the withholding, the reporting person beneficially owns 100,790 shares. The Form 4 was signed by an attorney-in-fact on 09/04/2025 and identifies Febbo as the company’s Chief Scientific & Medical Officer and an officer of Veracyte (VCYT).
Positive
- Beneficial ownership retained: Reporting person still holds 100,790 shares after withholding
- Transaction disclosed as non-sale tax withholding related to RSU vesting, clarifying it was not an active market sale
Negative
- Shares reduced by 2,955 due to tax withholding for vested restricted stock units
- Withholding valued at $30.11 per share, which reduced the reporting person's outstanding share count
Insights
TL;DR: Routine tax-withholding disposition from RSU vesting; not a market sale.
This Form 4 documents a withholding of 2,955 shares to cover tax obligations when restricted stock units vested. The filing is a non-sale disposition coded as F(1) and reports a per-share withholding valuation of $30.11. The resulting beneficial ownership of 100,790 shares remains intact. For investors, this is a routine administrative action by an executive and does not indicate active selling or a change in control.
TL;DR: Compensation-related share withholding; highlights RSU-based pay practices.
The Form 4 clarifies that the transaction arose from RSU vesting and tax withholding rather than a voluntary market sale, consistent with standard executive compensation settlement. The record shows the reporting person’s role as Chief Scientific & Medical Officer, confirming alignment between recorded equity awards and executive compensation mechanisms. This disclosure meets Section 16 reporting requirements and provides transparency on share count changes due to compensation events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,955 | $30.11 | $89K |
Footnotes (1)
- [object Object]