Gadde Vijaya 4

What Happened

• Director Gadde Vijaya exercised/converted a derivative (reported as Code M) covering 4,203 shares and the same 4,203-derivative position was reported as disposed (both at $0). In addition, she was shown as acquiring a grant/award of 2,711 restricted stock units (RSUs) at $0. The transactions are reported for 2026-06-17; the Form 4 was filed on 2026-06-22.

Key Details

• Transaction date: June 17, 2026. Form 4 filed: June 22, 2026 (filed 5 calendar days / 3 business days after the transaction).
• Reported amounts/prices: 4,203 shares (Exercise/Conversion, $0); 4,203 shares (Disposed—derivative, $0); 2,711 RSUs granted (Acquired, $0).
• Reported dollar totals on the Form 4: $0 for each line (these reflect exercise/grant terms; market value would require multiplying by the stock price on the transaction date).
• Shares owned after transaction: Not specified in the information provided in this summary (not disclosed here).
• Footnotes from the filing:
  • F1: The RSU award vested in full on the date of the 2026 Annual Meeting (June 17, 2026).
  • F2: Not applicable for Restricted Stock Units.
  • F3: The RSU award vests in full on the one‑year anniversary of the grant date (June 17, 2026) or at the Company’s next annual meeting, whichever is earlier.
• Timeliness: The Form 4 appears to have been filed later than the typical 2-business-day reporting window.

Context

• Derivative transactions: The filing shows an exercise/conversion of a derivative and a corresponding disposition of the derivative position; the filing does not report an open‑market sale of underlying common stock. Transactions showing $0 commonly reflect awards or zero‑strike arrangements; to assess dollar impact, multiply the underlying shares by Guardant Health’s market price on June 17, 2026.
• RSUs: The 2,711 RSUs are reported with vesting commentary (see footnotes); vested RSUs typically convert to shares subject to any tax withholding rules before final delivery.
• No inference about intent or company outlook should be drawn from these administrative or compensation‑related filings alone.