Form 4: Guardant Health Executive Reports Stock Transactions
SEC Form 4 Filing
John G. Saia, Chief Legal Officer of Guardant Health, reports transactions involving restricted stock units and common stock.
Summary
- On April 1, 2025, John G. Saia, the Chief Legal Officer of Guardant Health, engaged in transactions involving the company's stock.
- Saia acquired 974 shares of common stock and 1,667 shares of common stock through the vesting of restricted stock units.
- He also disposed of 1,360 shares to cover tax withholding obligations related to the vesting of restricted stock units at a price of $42.47 per share.
- Following these transactions, Saia directly owns 39,346 shares of common stock and derivative securities representing 15,848 shares.
- The restricted stock units vest over three and four-year periods with quarterly installments.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| November 7, 2022 | Date of restricted stock unit award that vests over a four-year period. |
| December 13, 2023 | Date of restricted stock unit award that vests over a three-year period. |
| October 1, 2023 | 25% of shares subject to the November 7, 2022 award vested. |
| October 1, 2024 | 33% of shares subject to the December 13, 2023 award vested. |
| April 1, 2025 | Date of reported transactions: acquisition of shares through vesting of restricted stock units and disposal of shares for tax obligations. |
| April 2, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Guardant Health, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Officer, Saia, Vesting
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