Kim Paul 4
4 · Fulgent Genetics, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Fulgent Genetics (FLGT) CFO Kim Paul Sells Shares to Cover Taxes
What Happened Kim Paul, CFO and Treasurer of Fulgent Genetics (FLGT), had a total of 10,648 shares withheld to satisfy tax-withholding obligations tied to vesting restricted stock units (RSUs). The withholding transactions were recorded as dispositions (code F) and totaled approximately $174,249:
- 1,168 shares at $24.76 on 2026-02-26 for $28,920
- 1,133 shares at $15.33 on 2026-03-01 for $17,369
- 8,347 shares at $15.33 on 2026-03-01 for $127,960
These were not open-market sales driven by a choice to liquidate but shares withheld (cashless) to cover taxes on vested RSUs.
Key Details
- Transaction dates and prices: 02/26/2026 @ $24.76; 03/01/2026 @ $15.33 (two separate withholdings).
- Total shares withheld: 10,648; total proceeds: ~$174,249.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1, F2, F3 indicate the shares were withheld to satisfy tax withholding on RSUs granted on Feb 26, 2024; Feb 28, 2022; and Feb 25, 2025 (each grant previously reported on Form 4).
- Filing timeliness: Form 4 filed on 2026-03-02; timing appears consistent with standard Form 4 reporting deadlines.
Context
- Code F transactions denote tax-withholding on vested equity (a routine administrative action), so these withholdings generally do not signal an insider’s change in view about the company.
- For retail investors, purchases by insiders tend to be more informative than routine withholdings; treat this filing as administrative rather than a directional trade.
Insider Transaction Report
Form 4
Kim Paul
CFO and Treasurer
Transactions
- Tax Payment
Common Stock
[F1]2026-02-26$24.76/sh−1,168$28,920→ 378,027 total - Tax Payment
Common Stock
[F2]2026-03-01$15.33/sh−1,133$17,369→ 376,894 total - Tax Payment
Common Stock
[F3]2026-03-01$15.33/sh−8,347$127,960→ 368,547 total
Footnotes (3)
- [F1]The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 26, 2024, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 28, 2024.
- [F2]The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 28, 2022, , which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on March 2, 2022.
- [F3]The shares were withheld from the reporting person to satisfy the tax withholding obligations that arose upon the vesting of certain restricted stock units granted to the reporting person on February 25, 2025, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2025.
Signature
/s/ Paul Kim|2026-03-02