Form 4: Guardant Health's Chief Medical Officer, Craig Eagle, Reports Stock Transactions
SEC Form 4 Filing
Chief Medical Officer of Guardant Health, Craig Eagle, reports the acquisition and disposal of common stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, Craig Eagle, the Chief Medical Officer of Guardant Health, engaged in transactions involving the company's stock.
- Eagle acquired 3,717 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 1,327 shares were disposed of to cover tax withholding obligations related to the vesting of these units at a price of $25.75 per share.
- Following these transactions, Eagle directly owns 13,842 shares of Guardant Health common stock and 3,718 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation practices.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider activity related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/15/2022 | Initial vesting date of the restricted stock units, with 25% of shares vesting on this date. |
| 05/15/2024 | Date of the reported transactions: acquisition of 3,717 shares via restricted stock units and disposal of 1,327 shares for tax obligations. |
| 05/16/2024 | Date of signature for the Form 4 filing. |
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