[Form 4] VERACYTE, INC. Insider Trading Activity
Robert S. Epstein, a director of Veracyte, Inc. (VCYT), reported transactions on a Form 4 dated 10/01/2025. He exercised 10,000 stock options with an exercise price of $7.94, resulting in 10,000 shares issued, and subsequently sold 21,473 common shares at a weighted average sale price of $35.0768 (individual sales ranged $35.00–$35.30). The Form shows his beneficial ownership changing from 83,919 shares after the option exercise to 62,446 shares following the sale. The transactions were made under a Rule 10b5-1 plan adopted June 5, 2025, and the Form was signed by an attorney-in-fact on 10/03/2025.
- Transactions disclosed under a Rule 10b5-1 plan (adopted June 5, 2025), indicating pre-planned trades
- Full price range disclosed for sales ($35.00–$35.30) and weighted average sale price provided ($35.0768)
- Director sold 21,473 shares, reducing beneficial ownership from 83,919 to 62,446
- Derivative holdings reported as 0 following the transactions (options exercised and not retained)
Insights
Insider transactions executed under a pre-established 10b5-1 plan; filings align with typical compliance practice.
The reporting shows a clear exercise of 10,000 options at $7.94 and an immediately disclosed sale of 21,473 shares at a weighted average of $35.0768. The Form 4 explicitly states the trades were made pursuant to a Rule 10b5-1 plan adopted June 5, 2025, which documents pre-planned trades and is commonly used to mitigate timing concerns under insider trading rules.
The filing was signed by an attorney-in-fact on 10/03/2025, which is a standard execution method; all key transaction details and price ranges are disclosed in the Form.
Director reduced beneficial ownership while exercising options; disclosures show net share decline.
The exercise created 10,000 newly acquired shares, but subsequent sales reduced the director's beneficial holdings from 83,919 to 62,446. This represents a net decline of 21,473 shares held after the transactions reported.
All transactions and price ranges are disclosed on the Form, providing transparency on insider holdings and liquidity actions by a board member.