Freenome CEO Elliott Aaron Matthew Withholds 71,920 Shares for Taxes

What Happened

• Elliott Aaron Matthew, CEO of Freenome (FRNM), had 71,920 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $15.25 each, for a total of $1,096,780. This is a routine tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-09-02; reported/ filed: 2026-09-04.
• Price per share: $15.25; total value: $1,096,780.
• Shares disposed: 71,920 (withheld by issuer to cover taxes; footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Report filed two days after the transaction; no late filing flag indicated.

Context

• The disposition code F (tax withholding) indicates shares were retained by the company to cover tax obligations on vested RSUs — effectively a cashless withholding, not a market sale. Such transactions are common and typically reflect routine tax settlement rather than insider sentiment about the stock.