Fulgent Genetics (NASDAQ: FLGT) CFO has shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulgent Genetics, Inc. CFO and Treasurer Paul Kim reported several tax-withholding dispositions of common stock tied to previously granted restricted stock units. On February 26 and March 1, 2026, shares were withheld at prices of $24.76 and $15.33 to cover associated tax obligations rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kim Paul
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,133 | $15.33 | $17K |
| Tax Withholding | Common Stock | 8,347 | $15.33 | $128K |
| Tax Withholding | Common Stock | 1,168 | $24.76 | $29K |
Holdings After Transaction:
Common Stock — 376,894 shares (Direct)
Footnotes (1)
- The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 26, 2024, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 28, 2024. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 28, 2022, , which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on March 2, 2022. The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 25, 2025, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2025.
FAQ
What insider activity did Fulgent Genetics (FLGT) report for CFO Paul Kim?
Fulgent Genetics reported that CFO Paul Kim had shares of common stock withheld to cover tax obligations from vesting restricted stock units. These are tax-withholding dispositions under code F, not open-market purchases or sales of additional shares.
Were Paul Kim’s Fulgent Genetics (FLGT) transactions open-market stock sales?
No, the transactions were not open-market sales. Shares were withheld by the company to satisfy tax withholding obligations when previously granted restricted stock units vested, as reflected by transaction code F on the Form 4 filing.
What does transaction code F mean in the Fulgent Genetics (FLGT) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Fulgent Genetics withheld common shares from CFO Paul Kim to satisfy tax withholding obligations when his restricted stock units vested.
Does the Fulgent Genetics (FLGT) Form 4 suggest a change in Paul Kim’s investment stance?
The Form 4 reflects tax-withholding dispositions rather than discretionary buying or selling decisions. Shares were withheld automatically to pay taxes on vesting restricted stock units, so it does not, by itself, indicate a change in Paul Kim’s investment view.