Kim Paul 4

What Happened

• Kim Paul, Chief Financial Officer and Treasurer of Fulgent Genetics (FLGT), had 1,168 shares withheld to satisfy tax withholding obligations when restricted stock units (RSUs) vested. The withholding is reported as a disposition at $17.67 per share, totaling $20,639. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: May 26, 2026; Filing date: May 28, 2026 (filed within the typical 2-business-day Form 4 window).
• Price: $17.67 per share; Shares withheld/disposed: 1,168; Total value: $20,639.
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Footnote: The shares were withheld to satisfy tax obligations arising on RSUs granted February 26, 2024 (original grant reported on Form 4 filed Feb 28, 2024).
• Transaction code: F (tax withholding upon vesting).

Context

• Tax-withholding disposals on RSU vesting are routine administrative actions to cover tax liabilities and do not necessarily indicate the insider is selling shares to take a view on the stock. This was not a market sale or purchase; it reduced the insider’s share count to cover taxes.