EAGLE CRAIG 4

What Happened

• Craig Eagle, Chief Medical Officer of Guardant Health (GH), had restricted stock units convert into 11,400 shares on April 1, 2026 (four separate vesting installments: 1,714; 1,667; 2,660; 5,359). The company withheld 5,779 of those shares to satisfy tax withholding at a per-share value of $91.15, totaling $526,756. No cash exercise price was paid (conversion of RSUs, not option cash exercise).
• Net shares delivered to Eagle after withholding: 11,400 issued − 5,779 withheld = 5,621 shares.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely).
• Shares converted (acquired): 11,400 total (1,714; 1,667; 2,660; 5,359). Shares withheld (disposed) for tax: 5,779 at $91.15/share = $526,756.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion), F = payment of tax liability via share withholding.
• Footnotes: Company retained shares only to meet the award-holder’s tax withholding obligations and not in excess of the tax liability (F1). The converted shares came from multiple RSU grants with multi-year vesting schedules (grants dated 11/7/2022, 12/13/2023, 11/8/2024, 3/12/2025; see filing footnotes F2–F6).
• Filing appears timely (transaction date 4/1/2026; filed 4/2/2026).

Context

• This was vesting/settlement of restricted stock units with a cashless tax-withholding (company retained shares to pay taxes), not an open-market sale or a purchase. Such withholding is routine for RSU vesting and does not necessarily indicate a buy/sell signal about the insider’s market view.