Form 4: Myriad Genetics SVP Margaret Ancona Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Margaret Ancona, SVP and Chief of Staff at Myriad Genetics, reports disposing of shares to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • On March 22, 2025, Margaret Ancona, SVP, Chief of Staff of Myriad Genetics, disposed of 718 shares of common stock at a price of $10.01.
  • These shares were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units.
  • An additional 1,904 shares were disposed of at the same price ($10.01) for tax obligations related to performance-based restricted stock units.
  • Following these transactions, Ancona beneficially owns 128,684 shares of Myriad Genetics common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates routine tax-related stock disposals, which are common among executives receiving stock-based compensation.

Stakeholder Impact

  • The transactions are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the total outstanding shares.

Key Dates

DateDescription
03/22/2025Date of stock disposal transactions
03/21/2025Date used to determine the closing price of Myriad common stock for tax withholding.
03/25/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Myriad Genetics, Stock Disposal, Tax Withholding, Margaret Ancona, Restricted Stock Units, Beneficial Ownership

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