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

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

Summary

• On April 30, 2025, James Herriott acquired 363 shares of Exact Sciences Corp common stock through the Employee Stock Purchase Plan at a price of $38.26 per share.
• As of the report, Mr. Herriott directly owns 15,585 shares of common stock and indirectly owns 1,556 shares held in a 401(k) plan.
• On May 6, 2025, Mr. Herriott was granted 7,334 restricted stock units (RSUs) which represent a contingent right to receive one share of common stock each.
• These RSUs vest in four equal annual installments beginning on May 6, 2026.
• In total, Mr. Herriott holds 17,141 shares of Common Stock, an additional 37,434 vested and unvested options to purchase shares of Common Stock and restricted stock units.

Sentiment

Score: 6

Explanation: Routine insider transaction; neutral sentiment.

Positives

• The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Future Outlook

The restricted stock units vest in four equal annual installments beginning on May 6, 2026.

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 to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates

Keywords

Exact Sciences Corp, James Herriott, Form 4, Stock Transactions, Restricted Stock Units, Employee Stock Purchase Plan, EXAS, Beneficial Ownership