Form 4: Guardant Health Executive Kumud Kalia Reports Stock Transactions

Chief Information Officer of Guardant Health, Kumud Kalia, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• Kumud Kalia, Chief Information Officer of Guardant Health, reported transactions involving common stock and restricted stock units on September 1, 2024.
• 710 shares were acquired through the vesting of restricted stock units.
• 360 shares were disposed of to cover tax withholding obligations at a price of $25.58 per share.
• Following these transactions, Kalia directly owns 18,306 shares of common stock and 2,841 restricted stock units.
• The restricted stock units vest quarterly, starting September 1, 2022, over a three-year period.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Kumud Kalia, transact in their company's stock. It provides transparency to the market regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The vesting schedule of the restricted stock units (quarterly over three years) is a common equity compensation structure.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The tax withholding impacts the executive's personal finances.

Key Dates