Kim Paul 4
Research Summary
AI-generated summary
Fulgent Genetics (FLGT) CFO Kim Paul Sells 2,747 Shares
What Happened
Kim Paul, CFO and Treasurer of Fulgent Genetics, had 2,747 shares withheld to satisfy tax withholding obligations tied to vested restricted stock units. The shares were valued at $16.31 each, totaling approximately $44,804. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-26; Form 4 filed: 2026-04-28 (timely filing).
- Price: $16.31 per share; Total value: ~$44,804.
- Shares disposed: 2,747 (withheld to cover taxes upon RSU vesting).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: The shares were withheld to satisfy tax obligations on RSUs assumed under the Merger Agreement dated Nov 7, 2022; these awards were originally reported on Form 4 filed Nov 9, 2022.
- Transaction code: F = tax withholding (routine withholding of shares upon vesting).
Context
This was a routine tax-withholding event tied to RSU vesting and should not be read as an independent bullish or bearish signal. Tax withholdings are common when restricted awards vest; they result in a disposition on Form 4 but do not necessarily indicate a deliberate sale by the insider.