Bell Michael Brian 4
4 · Guardant Health, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Guardant Health (GH) CFO Michael Bell Converts RSUs; Shares Withheld
What Happened
- Michael Brian Bell, Chief Financial Officer of Guardant Health (GH), had restricted stock units convert/vest on July 1, 2026, resulting in 7,278 shares issued to him (three separate RSU installments). The filing shows a tax-withholding disposition of 3,914 shares at $170.77 per share, totaling $668,394, leaving a net 3,364 shares delivered to Bell. The conversion entries are reported under Form 4 codes for exercise/conversion of derivatives (M) and tax withholding (F).
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely).
- Shares issued (from conversion/vesting): 7,278 total (2,084 + 3,324 + 1,870).
- Shares withheld to cover taxes: 3,914 at $170.77/share = $668,394 (reported as "disposed" for withholding).
- Net shares retained by insider after withholding: 3,364.
- Footnotes: F1 confirms shares were retained by the company solely to satisfy tax withholding (not in excess of liability). F2, F4, F5 indicate these shares arose from RSU awards granted on Dec 13, 2023; Nov 8, 2024; and Mar 12, 2025 with multi-year vesting schedules. F3 is not applicable.
- Shares owned after transaction: not specified in the filing.
- Transaction codes: M = exercise/conversion of derivative (here conversion of RSUs at $0.00 per share); F = shares retained/withheld for tax payment.
Context
- This was not an open-market sale or purchase: it reflects RSU vesting/conversion and routine company withholding to cover tax obligations (a common administratively required disposition). Such withholding does not necessarily indicate selling for liquidity or a change in insider sentiment.
Insider Transaction Report
Form 4
Bell Michael Brian
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-07-01+2,084→ 50,536 total - Exercise/Conversion
Common Stock
2026-07-01+3,324→ 53,860 total - Exercise/Conversion
Common Stock
2026-07-01+1,870→ 55,730 total - Tax Payment
Common Stock
[F1]2026-07-01$170.77/sh−3,914$668,394→ 51,816 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-07-01−2,084→ 2,085 totalExercise: $0.00→ Common Stock (2,084 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3]2026-07-01−3,324→ 16,620 totalExercise: $0.00→ Common Stock (3,324 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F3]2026-07-01−1,870→ 13,093 totalExercise: $0.00→ Common Stock (1,870 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 vest in equal quarterly installments over the remaining two-year period thereafter.
Signature
/s/ John G. Saia, as attorney-in-fact for Michael Brian Bell|2026-07-02