Veracyte Board Member's Stock Grant Signals Continued Leadership Commitment
Rhea-AI Filing Summary
Veracyte Director Robert S. Epstein received a grant of 9,321 restricted stock units (RSUs) on June 18, 2025. Following this transaction, Epstein's direct ownership increased to 73,919 shares.
Key terms of the RSU award:
- Vesting occurs in full on the first anniversary of the grant date
- Alternative vesting trigger: immediately prior to the company's next annual meeting of stockholders, if earlier
- Accelerated vesting provision in the event of a change in control
- Grant price: $0
The Form 4 was filed on June 23, 2025, within the required reporting window. The transaction was executed under transaction code 'A' indicating an acquisition of securities. This equity grant appears to be part of Veracyte's director compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,321 shares
Net Buy
1 txn
Insider
EPSTEIN ROBERT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,321 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 73,919 shares (Direct)
Footnotes (1)
- F1. Restricted stock units awarded on June 18, 2025 vest in full on the first anniversary of the date of the grant or immediately prior to the Company's next annual meeting of stockholders, if earlier. In addition, the restricted stock units vest in full in the event of a change in control of the Issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the vesting schedule for VCYT's RSUs granted to director Robert Epstein?
The RSUs vest in full on either the first anniversary of the grant date (June 18, 2026) or immediately prior to Veracyte's next annual meeting of stockholders, whichever comes earlier. Additionally, the RSUs will fully vest if there is a change in control of the company.
What is Robert Epstein's role at VCYT according to the Form 4?
According to the Form 4 filing, Robert Epstein serves as a Director of Veracyte, Inc. (VCYT).