Form 4: Guardant Health Director Tariq Musa Exercises Stock Options
SEC Form 4 Filing
Director Tariq Musa exercised stock options for 250 shares of Guardant Health common stock on January 15, 2025.
Summary
- Tariq Musa, a director at Guardant Health, exercised stock options to acquire 250 shares of common stock on January 15, 2025.
- The transaction was executed at a price of $0 per share.
- Following the transaction, Musa directly owns 3,060 shares of common stock.
- Musa also holds 6,496 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the stock ownership of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The vesting schedule of the restricted stock units is typical for employee equity compensation plans, with a four-year vesting period and a one-year cliff.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a director's stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Date of the restricted stock unit award grant. |
| 03/15/2023 | One-year anniversary of the restricted stock unit award grant, when 25% of the shares vested. |
| 01/15/2025 | Date of the stock option exercise. |
| 01/16/2025 | Date of the filing of the Form 4. |
Keywords
stock options, insider trading, Guardant Health, Tariq Musa, equity, director
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