Fulgent Genetics (NASDAQ: FLGT) director receives 11,117 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dong Linda reported acquisition or exercise transactions in this Form 4 filing.
Fulgent Genetics director Linda Dong reported receiving 11,117 shares of Common Stock as a grant of restricted stock units at no cash cost. The award vests over four years, with 1/4 vesting 12 months after May 14, 2026 and the rest quarterly, leaving her with 38,758 directly held shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dong Linda
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,117 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,758 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 11,117 shares
Grant price per share: $0.0000 per share
Shares after transaction: 38,758 shares
+3 more
6 metrics
RSU grant size
11,117 shares
Restricted stock units awarded to director Linda Dong
Grant price per share
$0.0000 per share
Compensation grant, not an open-market purchase
Shares after transaction
38,758 shares
Total directly held by Linda Dong following the grant
Initial vesting tranche
1/4 of 11,117 shares
Vests 12 months after May 14, 2026
Ongoing vesting schedule
1/16 every three months
Over the remaining 36 months after initial vesting
Transaction code
A
Grant, award, or other acquisition of non-derivative Common Stock
Key Terms
Restricted stock units, vesting, transaction code A, non-derivative, +1 more
5 terms
Restricted stock units financial
"Restricted stock units. The shares subject to the restricted stock units vest over a period of four years"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"shares subject to the restricted stock units vest over a period of four years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
transaction code A regulatory
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition""
non-derivative financial
"transaction_type": "non-derivative""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Fulgent Genetics (FLGT) report for Linda Dong?
Fulgent Genetics director Linda Dong received 11,117 restricted stock units of Common Stock as a grant. The award carries no cash exercise price and represents additional compensation, increasing her directly held stake to 38,758 shares after the transaction.
Was Linda Dong’s Form 4 transaction in FLGT stock a market purchase or sale?
The Form 4 shows no market purchase or sale by Linda Dong. It reports an acquisition coded “A,” meaning a grant or award of 11,117 restricted stock units from the company, rather than an open-market trade at a stated price.
What is the vesting schedule for Linda Dong’s 11,117 FLGT restricted stock units?
The 11,117 restricted stock units vest over four years. One-quarter vests 12 months after May 14, 2026, and one-sixteenth vests at the end of each three-month period over the following 36 months, contingent on continued service with Fulgent Genetics.