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

James Herriott, General Counsel of Exact Sciences Corp, reports the vesting of restricted stock units and subsequent sale of shares to cover withholding taxes.

Summary

• On February 29, 2024, James Herriott, General Counsel of Exact Sciences Corp, vested 1,890 shares of common stock from restricted stock units.
• Following the vesting, on March 1, 2024, Mr. Herriott sold 862 shares at a price of $59.32 per share to cover withholding taxes related to the vesting.
• After these transactions, Mr. Herriott directly owns 9,125 shares of common stock and indirectly owns 1,183 shares held in a 401(k) plan.
• Mr. Herriott also holds an additional 22,982 vested and unvested options to purchase shares of common stock and restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares, but the overall impact is likely minimal.

Key Dates