Form 4: Myriad Genetics Executive Kevin Richard Haas Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Kevin Richard Haas, Chief Technology Officer of Myriad Genetics, reported the disposal of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 22 and 24, 2025, Kevin Richard Haas, the Chief Technology Officer of Myriad Genetics, disposed of common stock to cover tax withholding obligations.
- These disposals were related to the vesting of both restricted stock units and performance-based restricted stock units.
- The shares were withheld by the company to satisfy these tax obligations.
- The price per share for the transactions on March 22, 2025 was $10.01, and on March 24, 2025, it was $9.98.
- Following these transactions, Haas directly owns 178,635 shares of Myriad Genetics common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. This filing reflects routine tax obligations related to equity compensation.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/22/2025 | Disposal of 1,694 shares at $10.01 for tax withholding on restricted stock units. |
| 03/22/2025 | Disposal of 4,493 shares at $10.01 for tax withholding on performance-based restricted stock units. |
| 03/24/2025 | Disposal of 1,177 shares at $9.98 for tax withholding on restricted stock units. |
| 03/24/2025 | Disposal of 1,724 shares at $9.98 for tax withholding on performance-based restricted stock units. |
| 03/25/2025 | Date of the report filing. |
Keywords
Form 4, Myriad Genetics, Kevin Richard Haas, Stock Disposal, Tax Withholding, Restricted Stock Units, Performance-Based Restricted Stock Units
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