Form 4: Guardant Health Executive John G. Saia Reports Stock Transactions
SEC Form 4
Chief Legal Officer John G. Saia of Guardant Health, Inc. reports the vesting of restricted stock units and subsequent stock sales to cover tax obligations.
Summary
- On April 15, 2025, John G. Saia, Chief Legal Officer of Guardant Health, Inc., executed transactions involving the company's stock.
- 7,568 shares of common stock were acquired through the vesting of restricted stock units at a price of $0.
- 3,956 shares were disposed of at a price of $44.85 to cover tax withholding obligations related to the vesting of the restricted stock units.
- Following these transactions, Saia directly owns 42,958 shares of Guardant Health, Inc.
- The restricted stock units were granted on August 8, 2022, and vest over a four-year period.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. Executives often receive stock options or restricted stock units as part of their compensation, and they are required to report when they exercise these options or sell shares.
Key Dates
| Date | Description |
|---|---|
| 2022-04-15 | One-year anniversary of vesting start date for restricted stock units. |
| 2022-08-08 | Date the restricted stock units were granted. |
| 2025-04-15 | Date of stock transactions: vesting of restricted stock units and sale of shares for tax obligations. |
| 2025-04-16 | Date of signature on the Form 4 filing. |
Keywords
Guardant Health, John G. Saia, stock transaction, restricted stock units, Form 4, insider trading, vesting, tax withholding
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