Kim Paul 4

What Happened
Kim Paul, CFO and Treasurer of Fulgent Genetics (FLGT), had 3,004 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were disposed at $27.53 per share, for a total value of approximately $82,700. This was a tax-withholding disposition (routine), not an open-market sale by the insider.

Key Details

• Transaction date: 2026-01-26; reported on Form 4 filed 2026-01-28 (filed within the typical 2-business-day window).
• Price: $27.53 per share; total value ~ $82,700.
• Shares involved: 3,004 shares withheld/disposed.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The shares were withheld to satisfy tax withholding on RSUs assumed under the November 7, 2022 merger agreement; the awards were originally reported on Form 4 filed Nov 9, 2022.
• Transaction code: F = tax withholding (cashless settlement to cover taxes).

Context
This was a tax-withholding/cashless-settlement event tied to RSU vesting, a common administrative disposition that does not necessarily reflect the insider’s view of the company’s stock. Such withholdings are routine and different from an intentional open-market sale or purchase.