Fulgent (FLGT) President Xie Jian Sells 1,193 Shares

What Happened

• Xie Jian, President and COO of Fulgent Genetics (FLGT), sold 1,193 shares in an open-market/private sale on August 27, 2026. The weighted-average sale price was $19.91, resulting in gross proceeds of approximately $23,747. The filing indicates the sale was executed to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-08-27.
• Shares sold: 1,193; weighted-average price: $19.91; total proceeds ≈ $23,747.
• Price range: individual sales occurred between $19.83 and $20.00; reported price is the weighted average.
• Reason given: sale to satisfy tax withholding on RSUs granted February 26, 2024 (original grant reported Feb 28, 2024).
• Trust disclosure: some securities are held by The Hsieh Family Dynasty Trust; Xie serves on the trust’s investment committee and disclaims beneficial interest except any pecuniary interest.
• Filing timeliness: filed Aug 28, 2026 for a 8/27/2026 transaction — no indication in the provided excerpt that the filing was late.
• Shares owned after the transaction: not specified in the provided excerpt.

Context

• This transaction appears to be a routine sale to cover tax withholding on vested RSUs rather than a discretionary sell for investment reasons. The reporting person offered to provide full breakdown of the multiple sale transactions and prices upon request.