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 tax withholding.
Summary
- On April 1, 2024, Kumud Kalia, the Chief Information Officer of Guardant Health, Inc., engaged in transactions involving the company's stock.
- Kalia vested 1,607 restricted stock units (RSUs) which converted into common stock.
- Simultaneously, 574 shares were withheld by the company to cover tax obligations related to the vesting of the RSUs at a price of $20.25 per share.
- Following these transactions, Kalia directly owns 13,755 shares of Guardant Health common stock and 16,070 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/07/2022 | Date of restricted stock unit award grant. |
| 10/01/2023 | 25% of the shares subject to the restricted stock unit award vests. |
| 04/01/2024 | Date of stock transactions: vesting of RSUs and tax withholding. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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