Stapley Marc 4

What Happened

• Marc Stapley, CEO of Veracyte (VCYT), was credited with 139,074 performance-based restricted stock units (PSUs) on Feb 26, 2026 (reported on Form 4 filed Mar 2, 2026). As part of the vesting, 35,841 shares were withheld at $38.75 each to satisfy tax withholding obligations (withheld value ≈ $1,388,839).
• Of the PSUs referenced, 70,239 vested on Feb 26, 2026; the remaining 68,835 are scheduled to vest on Dec 2, 2026, subject to continued service.

Key Details

• Transaction date(s): February 26, 2026 (Form 4 filed March 2, 2026).
• Award: 139,074 PSUs granted/acquired (reported as $0.00 per share because these are equity awards, not open-market purchases).
• Tax withholding: 35,841 shares withheld at $38.75 for tax obligations (reported as a disposition; withholding does not represent an open-market sale).
• Filing notes: The filing includes a note that 696 shares were purchased under the company ESPP on Jan 31, 2026 (included in share totals reported in the filing).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• These were performance-based RSUs (PSUs). A portion vested immediately upon certification of performance goals; the remainder vests later conditioned on continued service. The withholding of shares to cover taxes is routine and not the same as an open-market sale.
• This is an insider award/vesting event rather than a purchase or a discretionary sale; such awards are common as executive compensation and don’t by themselves indicate a change in insider sentiment.