Form 4: Guardant Health Executive Kumud Kalia Reports Stock Transactions
SEC Form 4 Filing
Kumud Kalia, Chief Information Officer of Guardant Health, reports the vesting of restricted stock units and subsequent stock transactions to cover tax obligations.
Summary
- On September 9, 2024, Kumud Kalia, the Chief Information Officer of Guardant Health, Inc., engaged in transactions involving the company's common stock.
- Kalia vested 6,545 restricted stock units (RSUs).
- 24,851 shares were disposed of.
- 3,318 shares were withheld by the company to cover tax obligations related to the vesting of the RSUs at a price of $23.77 per share.
- Following these transactions, Kalia directly owns 21,533 shares of Guardant Health common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 09/09/2020 | Initial vesting date of the restricted stock units, with 25% vesting annually. |
| 09/09/2024 | Date of the reported transactions: vesting of RSUs and stock disposal for tax obligations. |
| 09/10/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.