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 the acquisition and disposal of common stock and restricted stock units to cover tax obligations.
Summary
- On April 15, 2024, John G. Saia, the Chief Legal Officer of Guardant Health, Inc., engaged in transactions involving the company's stock.
- Saia disposed of 1,108 shares of common stock at $17.06 to cover tax withholding obligations related to vesting restricted stock units.
- He also disposed of 2,701 shares of common stock at $17.06 to cover tax withholding obligations related to vesting restricted stock units.
- Additionally, Saia acquired 7,569 shares of common stock upon the vesting of restricted stock units.
- Following these transactions, Saia directly owns 25,665 shares of Guardant Health, Inc. common stock and 15,137 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for Guardant Health or the broader industry.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Initial grant date for restricted stock units vesting over four years. |
| 08/08/2022 | Date of restricted stock units grant. |
| 04/15/2024 | Date of stock transactions: disposal of shares for tax obligations and acquisition through vesting of restricted stock units. |
| 04/16/2024 | Date of signature for the Form 4 filing. |
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