Fulgent Genetics (FLGT) CFO Kim Paul Withholds 1,168 Shares for Taxes

What Happened Kim Paul, CFO and Treasurer of Fulgent Genetics (FLGT), had 1,168 restricted stock units (RSUs) withheld to cover tax withholding obligations upon vesting. The withheld shares were valued at $19.81 each, resulting in a disposition amount of $23,138 reported on August 26, 2026. This was a tax-withholding transaction (not an open-market sale or a purchase).

Key Details

• Transaction date: 2026-08-26; reported filing date: 2026-08-28 (timely Form 4 filing).
• Shares withheld/disposed: 1,168 at $19.81 per share; total $23,138.
• Transaction code: F (shares withheld to satisfy tax withholding on vested awards).
• Footnote: Shares were withheld to satisfy tax obligations from RSUs granted to Paul on Feb 26, 2024 (grant originally reported on Form 4 filed Feb 28, 2024).
• Shares owned after the transaction: not specified in the provided excerpt.

Context This was a routine tax-withholding action tied to RSU vesting—common among executives—and not an indicator of a market sale or purchase decision. Such withholding reduces outstanding shares for the insider but does not necessarily reflect sentiment about the company.