Veracyte (VCYT) CCO John Leite receives PSU shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veracyte, Inc. Chief Commercial Officer-CLIA John Leite reported equity-related transactions in company common stock. He acquired 47,149 shares on February 26, 2026 from vesting of performance-based restricted stock units after the board certified achievement of performance goals. On the same date, 8,905 shares were disposed at $38.75 per share to cover tax withholding obligations tied to this vesting, which the disclosure states does not represent a sale. Following these transactions, he directly owned 120,357 shares of Veracyte common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leite John
Role
Chief Commercial Officer-CLIA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,149 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,905 | $38.75 | $345K |
Holdings After Transaction:
Common Stock — 129,262 shares (Direct)
Footnotes (1)
- Represents shares of common stock acquired by the Reporting Person upon vesting of certain performance based restricted stock units ("PSUs") on February 26, 2026, upon the certification by the Board of Directors of the Issuer of the achievement of the performance goals set forth therein. Of such PSUs, 17,221 PSUs vested on February 26, 2026, and the remaining 29,928 vest on December 2, 2026, subject to the Reporting Person's continuous service to the Issuer through such date. Represents shares of common stock withheld to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of the PSUs and does not represent a sale.
FAQ
What insider transactions did Veracyte (VCYT) report for John Leite?
Veracyte reported that Chief Commercial Officer-CLIA John Leite received 47,149 common shares from vesting performance-based restricted stock units and had 8,905 shares withheld for taxes, all dated February 26, 2026, leaving him with 120,357 directly owned shares.
Was there an open-market sale in Veracyte (VCYT) stock by John Leite?
No, the filing states the 8,905 Veracyte shares were withheld to satisfy John Leite’s tax obligations from PSU vesting and “does not represent a sale,” indicating no open-market selling activity in this reported transaction.
What conditions apply to the remaining Veracyte (VCYT) performance-based RSUs for John Leite?
Of the performance-based RSUs underlying the reported award, 17,221 vested on February 26, 2026, while 29,928 are scheduled to vest on December 2, 2026, provided John Leite maintains continuous service with Veracyte through that future vesting date.