Guardant Health (GH) director’s RSU vesting adds 264 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Guardant Health director Roberto Mignone reported the vesting and settlement of 264 restricted stock units into an equal number of common shares at a price of $0.00 per share, reflecting a routine equity compensation event rather than an open-market trade.
After this derivative exercise, Mignone directly holds 4,487 shares of common stock and 8,184 restricted stock units. The vested RSUs come from an award granted on November 8, 2024 that vests 25% on the one-year anniversary of October 21, 2024, with the remaining 75% vesting monthly over the following three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
264 shares exercised/converted
Mixed
2 txns
Insider
MIGNONE ROBERTO
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 264 | $0.00 | -- |
| Exercise | Common Stock | 264 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 8,184 shares (Direct);
Common Stock — 4,487 shares (Direct)
Footnotes (1)
- The restricted stock unit award granted on November 8, 2024 vests over a four-year period. 25% of the shares subject to such award vested on the one-year anniversary of October 21, 2024 and the remaining 75% vests monthly for the three-year period thereafter. Not applicable for Restricted Stock Units.
FAQ
What insider transaction did Guardant Health (GH) director Roberto Mignone report?
Director Roberto Mignone reported the vesting and exercise of 264 restricted stock units into 264 shares of Guardant Health common stock at $0.00 per share. This reflects equity compensation vesting, not an open-market purchase or sale.
What are the vesting terms of Roberto Mignone’s Guardant Health (GH) RSU award?
The RSU award granted on November 8, 2024 vests over four years: 25% of the shares vested on the one-year anniversary of October 21, 2024, and the remaining 75% vests monthly during the following three-year period.
Was Roberto Mignone’s Guardant Health (GH) transaction an open-market buy or sell?
The Form 4 shows a derivative exercise, not an open-market buy or sell. Restricted stock units vested and converted into 264 common shares at $0.00 per share as part of equity compensation, with no open-market trading reported.
How many restricted stock units does Roberto Mignone hold in Guardant Health (GH)?
After the reported vesting, Roberto Mignone holds 8,184 restricted stock units in Guardant Health. These RSUs relate to an award granted on November 8, 2024, which vests over a four-year schedule with monthly vesting after the first anniversary.