Form 4: Guardant Health Director Acquires Shares
Insider Transaction Report
Guardant Health Director Steve Krognes acquired 155 shares of common stock through the vesting of restricted stock units.
Summary
- Steve Krognes, a Director at Guardant Health, Inc., acquired 155 shares of common stock on June 30, 2026.
- The acquisition was a result of the vesting of restricted stock units (RSUs) granted on August 9, 2022.
- This transaction is reported under SEC Form 4, indicating a change in beneficial ownership.
- The shares were acquired at a price of $0, as they represent vested RSUs.
- Following the transaction, Krognes beneficially owns 14,580 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction (vesting of RSUs) without new financial information or strategic updates.
Positives
- Director Krognes's acquisition of shares through RSU vesting indicates continued alignment with the company's performance and long-term value.
- The vesting of RSUs suggests that performance or service conditions associated with the award have been met.
Future Outlook
The filing does not contain forward-looking statements or guidance. It reports a completed transaction.
Industry Context
StockSavvy.ai notes that insider transactions, such as the vesting of restricted stock units by directors, are common in the biotechnology and healthcare sectors, reflecting long-term incentive alignment. Guardant Health operates in the precision oncology market, where such equity-based compensation is standard practice.
Stakeholder Impact
- Shareholders: The transaction itself does not directly impact share price but reflects ongoing compensation practices and insider ownership.
- Employees: The vesting of RSUs for directors is part of the broader compensation structure, which can influence employee morale and retention.
- Management: Demonstrates continued commitment and alignment of director compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 08/09/2022 | Date of original restricted stock unit award grant. |
| 06/30/2023 | Date when 25% of the shares subject to the RSU award vested. |
| 06/30/2026 | Date of transaction: vesting of remaining 75% of RSU award and acquisition of common stock. |
| 07/02/2026 | Date of filing of the Form 4 statement. |
Keywords
Guardant Health, GH, Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, RSU Vesting, Director, Beneficial Ownership
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