Form 4: Veracyte SVP, General Counsel Annie McGuire Reports Stock Transaction
SEC Form 4 Filing
Annie McGuire, SVP, General Counsel of Veracyte, Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On June 2, 2024, Annie McGuire, SVP, General Counsel of Veracyte, Inc., had shares of common stock withheld to satisfy tax obligations.
- A total of 1,919 shares were withheld at a price of $20.75 per share.
- This transaction did not represent a sale by the reporting person but rather a withholding for tax purposes related to the vesting of restricted stock units.
- Following the transaction, McGuire beneficially owns 95,406 shares of Veracyte common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to routine tax obligations on vested stock, with no significant impact on the company's outlook.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| February 28, 2022 | Date of grant for 1,428 Restricted Stock Units. |
| August 5, 2022 | Date of grant for 892 Restricted Stock Units. |
| March 6, 2023 | Date of grant for 1,463 Restricted Stock Units. |
| June 02, 2024 | Date of stock transaction (tax withholding). |
| June 04, 2024 | Date of signature on the Form 4 filing. |
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