Tachibana Aaron 4

What Happened Aaron Tachibana, Personalis (PSNL) Chief Financial Officer and Chief Operating Officer, exercised options to acquire 4,982 shares and immediately sold those 4,982 shares in an open‑market transaction on June 29, 2026. The exercise cost reported was $5.32 per share ($26,504 total). The shares were sold at $14.00 per share for proceeds of $69,748. The filing also reports the related derivative (the option) as disposed of with $0 consideration, reflecting the option conversion/exercise.

Key Details

• Transaction date: 2026-06-29.
• Exercise: 4,982 shares acquired at $5.32 each = $26,504 (transaction code M).
• Sale: 4,982 shares sold at $14.00 each = $69,748 (transaction code S).
• Derivative disposition: 4,982 option units reported disposed with $0 consideration (reporting of option conversion).
• Footnotes: Sale and option exercise were made pursuant to a Rule 10b5‑1 trading plan adopted Aug 7, 2025 (F1). The optioned shares were fully vested and exercisable (F2).
• Shares owned after transaction: Not specified in the provided excerpt.
• Filing timeliness: No late filing indicated (report filed and period of report both 2026-06-29).

Context This was an exercise-and-sell (cash-out) of options rather than an outright buy; such transactions commonly convert vested options into cash and do not by themselves indicate a change in insider conviction. The 10b5‑1 plan note means the sales were executed under a pre-established trading plan, which can help insulate the insider from accusations of opportunistic timing.