Form 4: Guardant Health Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
John G. Saia, Chief Legal Officer of Guardant Health, Inc., reported the acquisition and disposal of company stock and restricted stock units on December 1, 2024.
Summary
- John G. Saia, the Chief Legal Officer of Guardant Health, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On December 1, 2024, Mr. Saia acquired 263 shares of common stock through the vesting of restricted stock units.
- Also on December 1, 2024, 138 shares were disposed of to cover tax withholding obligations related to the vesting of the restricted stock units.
- The price of the disposed shares was $35.61.
- Following these transactions, Mr. Saia beneficially owns 33,075 shares of Guardant Health common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an executive, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The vesting schedule of the restricted stock units is typical for executive compensation packages.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/01/2022 | Initial vesting date for 25% of the restricted stock units. |
| 12/01/2024 | Date of stock acquisition and disposal transactions. |
| 12/02/2024 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, Guardant Health, John G. Saia, Equity Securities
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