Form 4: Guardant Health's Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
John G. Saia, Chief Legal Officer of Guardant Health, Inc., reports transactions involving common stock and restricted stock units.
Summary
- On March 1, 2025, John G. Saia, the Chief Legal Officer of Guardant Health, Inc., engaged in transactions involving the company's common stock and performance-based restricted stock units.
- Saia acquired 5,686 shares of common stock through the vesting of performance-based restricted stock units and another 263 shares through the vesting of restricted stock units.
- He also disposed of 3,079 shares to cover tax withholding obligations related to the vesting of restricted stock units at a price of $42.55 per share.
- Following these transactions, Saia directly owns 37,571 shares of common stock.
- He also holds 11,376 performance-based restricted stock units and 527 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The remaining 67% of the performance-based restricted stock units will vest over the following two years, with 33% vesting on January 1, 2026, and 34% vesting on January 1, 2027.
Industry Context
This is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It doesn't necessarily reflect a broader trend in the industry but provides transparency into the actions of key personnel.
Key Dates
| Date | Description |
|---|---|
| 11/02/2021 | Date of restricted stock unit award grant. |
| 02/26/2024 | Date of performance-based restricted stock unit award grant. |
| 03/01/2025 | Date of transactions involving common stock and restricted stock units. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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