Form 4: Guardant Health Executive John G. Saia Reports Stock Transactions
SEC Form 4 Filing
John G. Saia, Chief Legal Officer of Guardant Health, Inc., reported the vesting of restricted stock units and subsequent tax withholding.
Summary
- On September 1, 2024, John G. Saia, the Chief Legal Officer of Guardant Health, Inc., engaged in transactions involving the company's stock.
- Saia vested 263 shares of common stock from restricted stock units.
- 134 shares were withheld by the company to cover tax obligations related to the vesting of the restricted stock units at a price of $28.58 per share.
- Following these transactions, Saia directly owns 29,172 shares of Guardant Health, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects routine executive compensation and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 09/01/2022 | Restricted stock unit vests as to 25% of the shares subject to such award on September 1, 2022, and the remaining 75% of the shares subject to such award in equal installments on each quarterly anniversary of of September 1, 2022, during the three-year period thereafter. |
| 09/01/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 09/03/2024 | Date of Form 4 filing. |
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