Veracyte officer has 3,961 shares withheld for tax
Veracyte’s Global Chief Commercial Officer had shares withheld for taxes on RSU vesting, leaving him with 128,344 directly held shares.
Rhea-AI Filing Summary
VERACYTE, INC. (VCYT) reported an insider equity event involving Global Chief Commercial Officer John Leite. On September 2, 2026, Leite had 3,961 shares of common stock withheld at $44.88 per share to satisfy tax withholding obligations tied to vesting restricted stock units.
The filing states this was a tax-withholding disposition and not an open-market sale. After this transaction, Leite directly held 128,344 shares of Veracyte common stock. No transactions were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 3,961 shares
Tax Withholding
1 txn
Insider
Leite John
Role
Global Chief Commercial Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,961 | $44.88 | $178K |
Holdings After Transaction:
Common Stock — 128,344 shares (Direct)
Footnotes (1)
- F1. 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 September 2, 2026 and does not represent a sale.
Key Figures
Shares withheld for taxes: 3,961 shares
Withholding reference price: $44.88 per share
Shares held after transaction: 128,344 shares
3 metrics
Shares withheld for taxes
3,961 shares
Common stock withheld on September 2, 2026 for tax withholding obligations
Withholding reference price
$44.88 per share
Price used for the 3,961 common shares withheld on September 2, 2026
Shares held after transaction
128,344 shares
Directly held Veracyte common stock by John Leite following the transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"in connection with the vesting of certain restricted stock units on September 2, 2026"
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 to satisfy the Reporting Person's tax withholding obligations"
Form 4 regulatory
"as reported in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did VCYT report for John Leite on September 2, 2026?
Veracyte reported that Global Chief Commercial Officer John Leite had 3,961 shares of common stock withheld on September 2, 2026 to cover tax withholding obligations from vesting restricted stock units. The filing specifies this does not represent a sale.
Was the VCYT insider transaction an open-market sale?
No. The Form 4 footnote states the 3,961 shares represent stock withheld for tax withholding obligations related to vesting restricted stock units and do not represent a sale in the open market.
Was Veracyte’s Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating that the September 2, 2026 transaction was made under any Rule 10b5-1 trading plan.
What is John Leite’s role at VERACYTE, INC. (VCYT)?
The Form 4 identifies John Leite as an officer of Veracyte, serving as Global Chief Commercial Off (Global Chief Commercial Officer).
AI-generated analysis. How Rhea-AI works. Not financial advice.