Form 4: Myriad Genetics CCO Brian Donnelly Acquires Shares
Statement of Changes in Beneficial Ownership
Chief Commercial Officer Brian J. Donnelly acquired 5,000 shares of Myriad Genetics common stock via the employee stock purchase plan.
Summary
- Brian J. Donnelly, Chief Commercial Officer of Myriad Genetics, acquired 5,000 shares of common stock.
- The transaction occurred on June 11, 2026, at a price of $3.936 per share.
- Following this acquisition, the reporting person's total beneficial ownership increased to 573,363 shares.
- The acquisition was executed through the company's Amended and Restated 2012 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive equity ownership.
Positives
- Insider acquisition of 5,000 shares demonstrates management's continued investment in the company's equity.
Negatives
- None noted.
Risks
- None noted.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that routine insider participation in employee stock purchase plans is a standard corporate governance practice and generally reflects internal confidence in the company's long-term trajectory.
Comparison to Industry Standards
- The transaction is consistent with standard executive compensation and equity participation programs observed in the biotechnology sector.
Stakeholder Impact
- Shareholders may view the increased insider stake as a positive signal of management alignment.
Key Dates
| Date | Description |
|---|---|
| 06/11/2026 | Date of the share acquisition transaction. |
| 06/12/2026 | Date the Form 4 was signed and filed. |
Keywords
Myriad Genetics, MYGN, Insider Trading, Form 4, Stock Purchase Plan, Brian Donnelly
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.