Chambers Rebecca 4
Research Summary
AI-generated summary
Veracyte CFO Rebecca Chambers Receives PSU Award
What Happened
- Rebecca Chambers, Chief Financial Officer of Veracyte, received 59,324 shares upon the vesting/award of performance-based restricted stock units (PSUs) on Feb 26, 2026 (acquired at $0.00). To cover tax withholding related to the vesting, 12,049 shares were withheld at $38.75 per share (value ≈ $466,899). The withholding is a tax payment, not an open-market sale.
Key Details
- Transaction date: February 26, 2026 (Form 4 filed March 2, 2026 — within the required two business-day window)
- Award (code A): 59,324 shares acquired at $0.00
- Tax withholding (code F): 12,049 shares withheld at $38.75, value ≈ $466,899
- Vesting schedule (footnote): 23,411 PSUs vested on Feb 26, 2026; the remaining 35,913 PSUs are scheduled to vest on Dec 2, 2026, subject to continuous service
- Shares owned after transaction: not disclosed in the filing
- Transaction codes: A = Award/Grant, F = Tax withholding (withheld shares are not a sale)
Context
- These were performance-based RSUs/PSUs. A portion vested immediately following certification of performance goals; the rest are time- and service‑conditioned to vest later. Share withholding to satisfy tax obligations is a common administrative step and should not be interpreted as a market sale signal.