Bell Michael Brian 4
4 · Guardant Health, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Guardant Health (GH) CFO Michael Bell Exercises RSUs; Shares Withheld
What Happened Michael Brian Bell, Chief Financial Officer of Guardant Health, converted/vested restricted stock units (RSUs) on April 1, 2026. The filing shows conversions of 2,084, 3,324 and 7,369 RSU-derived shares (total 12,777 shares). The company withheld 6,869 shares to satisfy tax withholding at $91.15 per share, a withholding value of $626,109. The remaining 5,908 shares were delivered to Mr. Bell. These were vesting/conversion and tax-withholding actions (routine) rather than open-market sales.
Key Details
- Transaction date: April 1, 2026; Form filed April 2, 2026 (appears timely).
- RSU conversions (code M): 2,084 + 3,324 + 7,369 = 12,777 shares converted at $0 exercise price (typical of RSUs).
- Tax withholding (code F): 6,869 shares withheld at $91.15 = $626,109.
- Net shares delivered to insider from this vesting: 5,908 shares.
- Form does not report total shares owned by Mr. Bell after this transaction on its face.
- Footnotes: F1 confirms shares were retained by the company to meet tax withholding (not in excess of tax liability). F2–F5 describe the RSU grants and vesting schedules (grants dated 12/13/2023, 11/8/2024, 3/12/2025 with multi-year vesting and quarterly installments).
Context
- These entries reflect RSU vesting/conversion and routine tax-withholding, not an open-market sale. Code M indicates conversion/exercise of derivative awards (RSUs) and code F indicates shares retained to cover taxes.
- Withholding to satisfy taxes is common and does not necessarily indicate the insider's view on the stock. No 10% owner status or 10b5-1 plan is indicated in the filing.
Insider Transaction Report
Form 4
Bell Michael Brian
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-04-01+2,084→ 45,685 total - Exercise/Conversion
Common Stock
2026-04-01+3,324→ 49,009 total - Exercise/Conversion
Common Stock
2026-04-01+7,369→ 56,378 total - Tax Payment
Common Stock
[F1]2026-04-01$91.15/sh−6,869$626,109→ 49,509 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-04-01−2,084→ 4,169 totalExercise: $0.00→ Common Stock (2,084 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3]2026-04-01−3,324→ 19,944 totalExercise: $0.00→ Common Stock (3,324 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F3]2026-04-01−7,369→ 14,963 totalExercise: $0.00→ Common Stock (7,369 underlying)
Footnotes (5)
- [F1]These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock units. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F2]This represents a restricted stock unit award granted on December 13, 2023 that vests over a three-year period. 33% of the shares subject to such award vested on October 1, 2024 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
- [F3]Not applicable for Restricted Stock Units.
- [F4]This represents a restricted stock unit award granted on November 8, 2024 that vests over a three-year period. 33% of the shares subject to such award vested on October 1, 2025 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
- [F5]This represents a restricted stock unit award granted on March 12, 2025 that vests over a three-year period. 33% of the shares subject to such award vested on April 1, 2026 and the remaining 67% of the shares vests in equal quarterly installments over the remaining two-year period thereafter.
Signature
/s/ John G. Saia, as attorney-in-fact for Michael Brian Bell|2026-04-02