Form 4: Guardant Health Chief Legal Officer Reports Stock Transactions

Sentiment:

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

DateDescription
09/01/2022Initial vesting date for 25% of the restricted stock units.
12/01/2024Date of stock acquisition and disposal transactions.
12/02/2024Date 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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