Form 4: Exact Sciences Corp Executive Aaron Bloomer Reports Stock Transactions

EVP and CFO Aaron Bloomer reports stock transactions involving the vesting and tax withholding of restricted stock units.

Summary

• Aaron Bloomer, EVP and Chief Financial Officer of Exact Sciences Corp, filed a Form 4 detailing changes in beneficial ownership.
• On April 15, 2025, Bloomer received 11,556 shares of common stock upon the vesting of restricted stock units.
• An additional 12,904 shares of common stock were received upon vesting of another restricted stock unit award.
• Exact Sciences Corporation withheld 5,120 and 5,717 shares of common stock for tax withholding purposes related to the vesting of these restricted stock units, respectively, at a price of $44.25.
• Following these transactions, Bloomer directly owns 13,623 shares of common stock and indirectly owns 212 shares held in a 401(k) plan.
• Bloomer also holds 67,494 vested and unvested options to purchase shares of Common Stock and restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports transactions related to executive compensation.

Positives

• The vesting of restricted stock units indicates that Bloomer has met certain performance or time-based milestones.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the issuance of new shares related to executive compensation.

Key Dates

Keywords

Form 4, insider trading, EXAS, Exact Sciences Corp, Aaron Bloomer, restricted stock units, vesting, tax withholding, beneficial ownership