Form 4: Fulgent Genetics' Chief Scientific Officer Gao Hanlin Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Gao Hanlin, Chief Scientific Officer of Fulgent Genetics, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 23, 2024, Fulgent Genetics' Chief Scientific Officer, Gao Hanlin, had 1,617 shares of common stock withheld to satisfy tax obligations.
  • These obligations arose from the vesting of restricted stock units granted on February 23, 2023.
  • The shares were withheld at a price of $24.06 per share.
  • Following the transaction, Gao Hanlin beneficially owns 902,850 shares of Fulgent Genetics stock.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine stock transaction related to executive compensation.

Industry Context

This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Key Dates

DateDescription
02/23/2023Date of original grant of restricted stock units to Gao Hanlin.
02/23/2024Date of stock withholding for tax obligations.
02/27/2023Date of original Form 4 filing reporting the grant of restricted stock units.
02/27/2024Date of Form 4 filing reporting the stock transaction.

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