Myriad Genetics (NASDAQ: MYGN) COO receives 32,810 performance-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Myriad Genetics Chief Operating Officer Mark Verratti reported an award of common stock tied to earlier performance-based restricted stock units. On February 2, 2026, he acquired 32,810 shares of common stock at $0 per share, following certification of performance goals. After this award, he beneficially owned 414,636 shares directly. The underlying performance-based units were originally granted on March 15, 2023 and are scheduled to vest on March 15, 2026, with each unit representing one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Verratti Mark
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,810 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 414,636 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MYGN Chief Operating Officer Mark Verratti report?
Mark Verratti reported acquiring 32,810 shares of Myriad Genetics common stock for $0 per share. The shares relate to performance-based restricted stock units granted in March 2023 after performance metrics were certified, increasing his direct beneficial ownership to 414,636 shares.
When do the performance-based restricted stock units for MYGN vest?
The performance-based restricted stock units linked to this Form 4 are scheduled to vest on March 15, 2026. Each unit represents a contingent right to receive one share of Myriad Genetics common stock once the vesting date and applicable conditions are satisfied.
What role did the Compensation and Human Capital Committee play in this MYGN award?
The Compensation and Human Capital Committee determined the final award amount for the performance-based restricted stock units on February 2, 2026. Their decision was based on the accomplishment of the applicable pre-determined performance metrics defined when the units were initially granted in March 2023.
What does the transaction price of $0 mean in this MYGN Form 4 filing?
The $0 transaction price indicates the shares were granted without a cash purchase price to Mark Verratti. They were issued upon achievement of performance goals tied to previously granted performance-based restricted stock units, rather than acquired through an open-market or option exercise purchase.