Form 4: Personalis Executive Richard Chen Sells Shares to Cover Tax Obligations

Richard Chen, Chief Medical Officer and EVP of Personalis, Inc., sold 4,834 shares of common stock on December 16, 2024, to cover tax withholding obligations.

Summary

• Richard Chen, the Chief Medical Officer and EVP of Personalis, Inc., reported a transaction on December 16, 2024.
• Chen sold 4,834 shares of Personalis common stock at a weighted average price of $3.82 per share.
• The sale was executed to cover tax withholding obligations arising from the settlement of vested restricted stock units.
• Following the transaction, Chen directly owns 123,886 shares of Personalis common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates