Veracyte (VCYT) CEO has 19,455 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VERACYTE, INC. Chief Executive Officer Marc Stapley reported a tax-related share disposition. On March 2, 2026, 19,455 shares of common stock were withheld to satisfy tax obligations tied to vesting restricted stock units at a reference price of $36.01 per share. Following this withholding, he directly owns 403,077 shares of Veracyte common stock. The footnote clarifies this was not an open-market sale but a tax-withholding transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stapley Marc
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,455 | $36.01 | $701K |
Holdings After Transaction:
Common Stock — 403,077 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Veracyte (VCYT) report for CEO Marc Stapley?
Veracyte CEO Marc Stapley reported a tax-withholding share disposition. On March 2, 2026, 19,455 shares of common stock were withheld to cover tax obligations from vesting restricted stock units, according to the Form 4, rather than being sold on the open market.
Does the Veracyte Form 4 for Marc Stapley represent an open-market stock sale?
No, the Veracyte Form 4 does not represent an open-market sale. The filing states the 19,455 shares were withheld solely to satisfy Marc Stapley’s tax withholding obligations when restricted stock units vested, and the footnote explicitly says this transaction does not represent a sale.
What transaction code is used in Marc Stapley’s Veracyte Form 4 and what does it mean?
The Form 4 uses transaction code “F” for Marc Stapley’s transaction. Code F indicates payment of a tax liability or exercise price by delivering securities. Here it reflects shares withheld to satisfy tax obligations from vesting restricted stock units, rather than a typical buy or sell.