Form 4: MYGN CFO Wheeler Reports RSU Tax Withholding

MYRIAD GENETICS CFO Benjamin Wheeler reported a disposition of 549 common shares to cover tax obligations from vested restricted stock units.

Summary

• Benjamin Richard Wheeler, Chief Financial Officer of MYRIAD GENETICS INC (MYGN), reported a transaction on March 22, 2026.
• 549 shares of Common Stock were disposed of by the Issuer.
• These shares were withheld to satisfy tax withholding obligations in connection with the vesting of previously granted restricted stock units.
• The disposition price per share was $4.58, determined by the closing price of the Issuer's Common Stock on March 20, 2026.
• Following this transaction, Mr. Wheeler beneficially owns 298,509 shares of Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation rather than a strategic move or a reflection of company performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from RSU vesting, are common and generally not indicative of a change in management's sentiment towards the company's future prospects. This is a routine compensation-related event.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation-related transaction and not a sale for personal gain or a significant change in ownership percentage.

Key Dates

Recommendation

This Form 4 filing details a routine disposition of shares by the CFO to cover tax obligations upon the vesting of restricted stock units. Such transactions are administrative in nature and do not typically signal a change in the company's fundamentals or management's outlook. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

MYRIAD GENETICS, MYGN, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, CFO