Kim Paul 4
4 · Fulgent Genetics, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Fulgent Genetics (FLGT) CFO Kim Paul: 2,087 Shares Withheld for Taxes
What Happened
Kim Paul, CFO and Treasurer of Fulgent Genetics (FLGT), had 2,087 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $18.09 per share, for a total value of approximately $37,754. This was a tax-withholding transaction (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-01; Form filed: 2026-06-03 (appears timely within the two-business-day window).
- Transaction type/code: Tax withholding on vested RSUs (Code F).
- Shares withheld/disposed: 2,087 shares at $18.09 each; total value ~$37,754.
- Shares owned after transaction: Not specified in the supplied filing excerpt.
- Footnote: The shares were withheld to satisfy tax obligations from RSUs granted on February 25, 2025 (original grant reported on Form 4 filed Feb 27, 2025).
Context
Tax-withholding by an employer when RSUs vest is a routine administrative action and not a market sale that signals insider sentiment. The company retained those shares to cover the employee’s tax bill rather than the insider selling shares on the open market. The filing simply documents that withholding; it does not indicate a discretionary sale or purchase by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-01$18.09/sh−2,087$37,754→ 362,545 total
Footnotes (1)
- [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 25, 2025, which grant was originally reported on Form 4 filed with the U.S. Securities and Exchange Commission on February 27, 2025.