Fulgent Genetics (FLGT) CFO Kim Paul Withholds 2,087 Shares for Taxes

What Happened Kim Paul, CFO and Treasurer of Fulgent Genetics (FLGT), had 2,087 shares withheld (disposed) on September 1, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. The withholding was done at $19.59 per share for a total value of $40,884. This was a tax-related withholding of vested RSUs, not an open-market sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (filed two days after the transaction, appearing timely).
• Transaction code: F (shares withheld to cover tax withholding).
• Shares withheld/disposed: 2,087 shares at $19.59/share; total value $40,884.
• Shares owned following the reported transaction: Not disclosed in the filing.
• Footnote: The shares were withheld to satisfy tax withholding on RSUs granted February 25, 2025 (original grant reported on Form 4 filed February 27, 2025).

Context Tax-withholding dispositions are routine when restricted stock units vest and do not necessarily reflect the insider’s view of the company. Unlike open-market sales, withheld shares are retained by the company to cover tax obligations rather than being sold into the market.