Guardant Health, Inc.: CFO Michael Brian Bell exercised 7,280 shares

What happened

• Michael Brian Bell, chief financial officer, exercised or converted derivatives into 7,280 shares on Oct 01, 2026 (2,085 shares, 3,324 shares, and 1,871 shares), each at $0.00 per share. The filing shows 3,914 shares were retained by the company to satisfy tax withholding at $174.75 per share for a total of $683,972.

Key details

• Transaction date: Oct 01, 2026. Filing date: Oct 02, 2026.
• Prices reported: conversions at $0.00 per share; tax withholding price $174.75 per share.
• Shares retained/withheld: 3,914 shares retained by the company to meet tax withholding obligations.
• Shares owned after the transaction: not stated in the filing information provided.
• Relevant footnotes: F1 — shares retained to meet tax withholding and not in excess of the tax liability; F2, F4, F5 — these awards represent restricted stock unit grants with staggered vesting schedules (Dec 13, 2023; Nov 08, 2024; Mar 12, 2025 grants). F3 — not applicable for restricted stock units.
• No late filing is indicated in the Form 4 provided.

Why it may matter

• The transactions reflect conversion/settlement of restricted stock units, with shares withheld by the company to satisfy tax obligations (a net share settlement rather than an open-market sale).
• This is not a market sale of shares; withheld shares were retained to cover taxes.
• A filing does not show why the insider traded or why the company acted.