Form 4: Guardant Health CFO Michael Brian Bell Reports Stock Transactions
SEC Form 4 Filing
Michael Brian Bell, CFO of Guardant Health, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- Michael Brian Bell, the Chief Financial Officer of Guardant Health, Inc., filed a Form 4 on June 17, 2024, reporting transactions involving the company's stock.
- On June 15, 2024, Bell acquired 1,233 shares of common stock and disposed of 3,307 shares to cover tax withholding obligations related to vesting restricted stock units.
- He also acquired 8,034 shares of common stock related to restricted stock units.
- Following these transactions, Bell directly owns 18,413 shares of common stock.
- Bell also owns 8,631 restricted stock units from a 2022 grant and 16,312 restricted stock units from a 2023 grant.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 05/09/2022 | Date of restricted stock unit award that vests over a four-year period. |
| 03/15/2023 | 25% of the shares subject to the 2022 award vests. |
| 06/09/2023 | Date of restricted stock unit award that vests over a three-year period. |
| 06/15/2024 | Date of stock transactions and vesting of restricted stock units. |
| 06/17/2024 | Date of Form 4 filing. |
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