Guardant Health (GH) CPO reports RSU vesting and tax sale on Form 4 filing
Rhea-AI Filing Summary
Guardant Health, Inc. Chief People Officer Terilyn J. Monroe reported equity compensation activity and related tax withholding. On 01/15/2026, 17,379 restricted stock units vested and were converted into common stock at an exercise price of $0, increasing her directly held common shares to 38,369 immediately after the conversion. The same day, 8,808 of those shares were withheld and disposed of at $111.98 per share to cover tax obligations associated with the vesting, leaving her with 29,561 shares of common stock held directly. The vested restricted stock units stem from an award granted on February 26, 2024 that vests over three years, with 33% vesting on the one-year anniversary of January 15, 2024 and the remaining 67% vesting in equal annual installments over the following two years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,379 | $0.00 | -- |
| Exercise | Common Stock | 17,379 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,808 | $111.98 | $986K |
Footnotes (1)
- These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock units. The amount retained by the Company was not in excess of the amount of the tax liability. This represents a restricted stock unit award granted on February 26, 2024 that vests over a three-year period. 33% of the shares subject to such award vested on the one-year anniversary of January 15, 2024 and the remaining 67% of the shares vest annually over the remaining two-year period, thereafter. Not applicable for Restricted Stock Units.
FAQ
What insider transaction did Guardant Health (GH) report for Terilyn J. Monroe?
Guardant Health reported that Chief People Officer Terilyn J. Monroe had 17,379 restricted stock units vest and convert into common stock on 01/15/2026, along with a related share withholding to cover taxes.
What was the size and nature of the vested award for Guardant Health’s CPO?
The vested portion involved 17,379 restricted stock units that converted into common stock at an exercise price of $0, as part of an equity compensation award.
When was the underlying restricted stock unit award granted and how does it vest?
The restricted stock unit award was granted on February 26, 2024. 33% of the shares vested on the one-year anniversary of January 15, 2024, and the remaining 67% vest annually over the next two years.
Was the Guardant Health Form 4 transaction an open-market sale?
No. The Form 4 shows a code F transaction where shares were withheld by the company to cover tax obligations related to restricted stock unit vesting, rather than a discretionary open-market sale.