Form 4: Guardant Health Executive Terilyn J. Monroe Reports Stock Transactions
SEC Form 4 Filing
Terilyn J. Monroe, Chief People Officer at Guardant Health, reports stock transactions including the vesting of restricted stock units and shares withheld for tax obligations.
Summary
- Terilyn J. Monroe, Chief People Officer of Guardant Health, filed a Form 4 detailing changes in beneficial ownership.
- On January 15, 2025, 17,378 shares of common stock were acquired through the vesting of restricted stock units.
- Also on January 15, 2025, 6,420 shares were disposed of to cover tax withholding obligations at a price of $37.5 per share.
- Following these transactions, Monroe directly owns 11,928 shares of common stock and 34,758 restricted stock units.
- The restricted stock units were granted on February 26, 2024, and vest over a three-year period.
- Table I includes 970 shares acquired under Guardant Health's Employee Stock Purchase Plan on 11/14/2024.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherent positive or negative implications for the company's overall performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of restricted stock unit award grant. |
| 11/14/2024 | Date of acquisition of 970 shares under Guardant Health's Employee Stock Purchase Plan. |
| 01/15/2024 | One-year anniversary of January 15, 2024, the date when 33% of the shares subject to the restricted stock unit award vests. |
| 01/15/2025 | Date of stock transactions: vesting of restricted stock units and shares withheld for taxes. |
| 01/16/2025 | Date of Form 4 filing. |
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