Saia John G. 4
4 · Guardant Health, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Guardant Health CLO John Saia Receives RSUs; 535 Shares Withheld
What Happened
John G. Saia, Chief Legal Officer of Guardant Health (GH), had 1,020 shares issued to him on June 15, 2026 upon the vesting/conversion of restricted stock units (RSUs). The shares were issued at $0 cost to him (RSU vesting). To satisfy tax withholding, the company retained (disposed) 535 of those shares at $129.82 per share, equal to $69,454. The filing shows both the acquisition (RSU conversion) and the related withholding disposition.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely filing).
- Entries reported: 1,020 shares acquired at $0.00 (RSU vesting/conversion, code M); 535 shares withheld/disposed at $129.82 for $69,454 (tax withholding, code F). The form also lists a related derivative disposition entry reflecting the conversion.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — shares retained by the company to meet tax withholding, not in excess of tax liability; F2 — RSU grant dated June 9, 2023 vested over three years with this installment; F3 — not applicable for RSUs.
- No indication of an open-market sale or 10b5-1 plan; this was a standard vesting/withholding event.
Context
This was RSU vesting and a typical "sell-to-cover" style withholding: the company retained a portion of vested shares to pay the holder's tax liability. Such withholding is routine and does not represent an active decision to sell shares on the open market by the executive. Transaction codes: M = exercise/conversion of derivative (here, RSU conversion), F = payment of tax liability via share withholding.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-15+1,020→ 36,970 total - Tax Payment
Common Stock
[F1]2026-06-15$129.82/sh−535$69,454→ 36,435 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-15−1,020→ 0 totalExercise: $0.00→ Common Stock (1,020 underlying)
Footnotes (3)
- [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 June 9, 2023 that vested over a three-year period. 33% of the shares subject to such award vested on June 15, 2024 and the remaining 67% of the shares vested in equal quarterly installments over the remaining two-year period thereafter.
- [F3]Not applicable for Restricted Stock Units.