4Filed Jul 27, 8:00 PM ET
Fulgent Genetics CFO Kim Paul Withholds 2,747 Shares for Taxes
$FLGT · Fulgent Genetics, Inc.Research Summary
AI-generated summary of this SEC filing
Fulgent Genetics CFO Kim Paul Withholds 2,747 Shares for Taxes
What Happened
- Kim Paul, Chief Financial Officer and Treasurer of Fulgent Genetics (FLGT), had 2,747 shares withheld/surrendered to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $19.67 each, totaling approximately $54,033. The transaction is reported as a disposition (code F — tax withholding).
Key Details
- Transaction date: July 26, 2026; Filing date: July 28, 2026 (Form 4 accession 0001193125-26-321087).
- Price per share: $19.67; Shares surrendered: 2,747; Total value ≈ $54,033.
- Shares owned following the transaction: not disclosed in this Form 4.
- Footnote: Shares were withheld to satisfy tax withholding arising from RSUs assumed under the Agreement and Plan of Merger dated Nov 7, 2022; the awards were originally reported on Form 4 filed Nov 9, 2022.
- Transaction code: F (tax withholding). The filing date is two days after the transaction, which is consistent with Form 4 timing requirements.
Context
- This was a withholding of vested RSU shares to cover tax obligations (a routine, administrative disposal), not an open-market sale or a cash purchase. Such tax-withholding transactions are common and generally do not indicate an insider buying or selling based on a view of the company’s prospects.