Form 4: Guardant Health Director Myrtle S. Potter Reports Stock Transactions

Sentiment:

SEC Form 4


Director Myrtle S. Potter reports acquisition and disposal of Guardant Health stock and derivative securities.

Summary

  • On June 12, 2024, Myrtle S. Potter, a director of Guardant Health, Inc., reported transactions involving the company's stock.
  • Potter acquired 5,592 shares of common stock at $0 price.
  • Potter disposed of 13,243 shares of common stock.
  • Following these transactions, Potter beneficially owns 13,243 shares of common stock.
  • Potter also acquired 10,703 stock options with an exercise price of $31.84, vesting fully on June 12, 2024, or the date of the next annual stockholders meeting, whichever is earlier, and expiring on June 12, 2034.
  • Potter acquired 6,674 restricted stock units, vesting fully on June 12, 2024, or the date of the next annual stockholders meeting, whichever is earlier.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
06/14/2023Grant date for restricted stock units vesting in full on the one-year anniversary or the date of the next year annual stockholders meeting, whichever is earlier.
06/12/2024Date of earliest transaction; acquisition and disposal of common stock, acquisition of stock options and restricted stock units.
06/12/2024Grant date for stock options vesting in full on the one-year anniversary or the date of the next year annual stockholders meeting, whichever is earlier.
06/12/2024Grant date for restricted stock units vesting in full on the one-year anniversary or the date of the next year annual stockholders meeting, whichever is earlier.
06/12/2034Expiration date for stock options.
06/13/2024Date of signature by attorney-in-fact.

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