Veracyte (VCYT) exec sells 13,425 shares, 117,346 remain
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veracyte, Inc. executive Phillip G. Febbo reported two stock transactions on March 2, 2026. The company withheld 6,035 shares of common stock at $36.01 per share to cover his tax obligations from vesting restricted stock units, which is not a market sale. He also completed an open-market sale of 13,425 shares at a weighted average price of $36.1586 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly owned 117,346 shares of Veracyte common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,425 shares ($485,429)
Net Sell
2 txns
Insider
Febbo Phillip G.
Role
Chief Scientific & Med Officer
Sold
13,425 shs ($485K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,035 | $36.01 | $217K |
| Sale | Common Stock | 13,425 | $36.1586 | $485K |
Holdings After Transaction:
Common Stock — 130,771 shares (Direct)
Footnotes (1)
- Represents shares of common stock withheld to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of certain restricted stock units on March 2, 2026 and does not represent a sale. The transactions on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 21, 2025. Represents weighted average sales price. Sale prices for the transactions range from $35.78 to $36.65. Detailed information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or a shareholder upon request.
FAQ
What insider transactions did Veracyte (VCYT) report for Phillip G. Febbo?
Veracyte reported that Phillip G. Febbo had 6,035 shares withheld for taxes on vested RSUs and sold 13,425 common shares in the open market. Both actions occurred on March 2, 2026, and were disclosed in a Form 4 filing.
Was the Veracyte (VCYT) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 notes that the reported transactions were made under a Rule 10b5-1 trading plan adopted by Phillip G. Febbo on August 21, 2025, providing a pre-arranged framework for executing trades over time.
What is the nature of the ‘F’ code transaction in this Veracyte (VCYT) filing?
The “F” code transaction represents shares withheld to cover tax liabilities from RSU vesting. In this case, 6,035 Veracyte shares were withheld, and the filing explicitly states this event does not represent a sale in the market.