Form 4: Guardant Health Executive Kumud Kalia Reports Stock Transactions
SEC Form 4 Filing
Kumud Kalia, Chief Information Officer of Guardant Health, reports the acquisition and disposal of common stock related to restricted stock units.
Summary
- On July 1, 2024, Kumud Kalia, the Chief Information Officer of Guardant Health, engaged in transactions involving the company's common stock.
- Kalia acquired 1,607 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Kalia disposed of 574 shares to cover tax withholding obligations related to the vesting of the restricted stock units at a price of $28.26 per share.
- Following these transactions, Kalia directly owns 17,956 shares of Guardant Health common stock and 14,463 restricted stock units.
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 for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they involve a small number of shares related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| November 7, 2022 | Date of restricted stock unit award grant. |
| October 1, 2023 | 25% of the restricted stock units vested. |
| July 1, 2024 | Date of stock transactions: acquisition of 1,607 shares via vesting of restricted stock units and disposal of 574 shares for tax obligations. |
| July 2, 2024 | Date of signature for the Form 4 filing. |
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