Form 4: Exact Sciences Corp: Executive James Herriott Reports Stock Transactions
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
| Date | Description |
|---|---|
| February 24, 2023 | Date of restricted stock unit award grant that partially vested on February 28, 2025. |
| February 26, 2024 | Date of restricted stock unit award grant that partially vested on February 28, 2025. |
| February 28, 2025 | Date of transactions including vesting of restricted stock units and tax withholding. |
| March 04, 2025 | Date of Form 4 filing. |
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