Form 4: Exact Sciences Corp: Executive James Herriott Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


James Herriott, SVP, General Counsel & Secretary of Exact Sciences Corp, reports transactions involving common stock and restricted stock units.

Summary

  • On February 28, 2025, James Herriott, SVP, General Counsel & Secretary of Exact Sciences Corp, engaged in transactions involving the company's stock.
  • These transactions included the vesting of restricted stock units and the subsequent acquisition of common stock.
  • Shares were also withheld by Exact Sciences Corporation for tax purposes related to the vesting of these restricted stock units.
  • Following these transactions, Mr. Herriott directly owns 15,222 shares of common stock and indirectly owns 1,556 shares held in a 401(k) plan.
  • He also holds 30,100 vested and unvested options to purchase shares of common stock and restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax withholding.

Key Dates

DateDescription
February 24, 2023Date of restricted stock unit award grant that partially vested on February 28, 2025.
February 26, 2024Date of restricted stock unit award grant that partially vested on February 28, 2025.
February 28, 2025Date of transactions including vesting of restricted stock units and tax withholding.
March 04, 2025Date of Form 4 filing.

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