Form 4: Veracyte SVP, General Counsel Annie McGuire Reports Changes in Beneficial Ownership
SEC Form 4
Annie McGuire, SVP, General Counsel of Veracyte, Inc., reports the withholding of shares to cover tax obligations related to the vesting of Restricted Stock Units.
Summary
- On March 2, 2024, Annie McGuire, SVP, General Counsel of Veracyte, Inc., had 4,347 shares of common stock withheld to satisfy tax obligations.
- These shares were related to the vesting of Restricted Stock Units (RSUs) granted on February 28, 2022, August 5, 2022, and March 6, 2023.
- Following the transaction, McGuire directly owns 47,445 shares of Veracyte common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, reflecting standard executive compensation practices involving stock-based awards and tax obligations.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a sale on the open market.
Key Dates
| Date | Description |
|---|---|
| February 28, 2022 | Date of grant for 1,429 Restricted Stock Units. |
| August 5, 2022 | Date of grant for 892 Restricted Stock Units. |
| March 6, 2023 | Date of grant for 5,853 Restricted Stock Units. |
| March 2, 2024 | Transaction date: 4,347 shares withheld for tax obligations. |
| March 5, 2024 | Date of signature for the Form 4 filing. |
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