Accepted (ET)
9:38 PM
Jun 4, 2026
Filed
Jun 4, 2026
Documents
1
Size
8.7 KB
Summary
Veracyte (VCYT) CFO Rebecca Chambers Sells Shares
What Happened
Rebecca Chambers, Veracyte's Chief Financial Officer, disposed of stock in two open‑market transactions on June 4, 2026, selling a total of 3,561 shares for aggregate proceeds of approximately $177,083 (1,600 shares at a weighted avg. $49.28 for $78,854; 1,961 shares at a weighted avg. $50.09 for $98,229). Separately, on June 2, 2026, 3,693 shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units; that withholding does not represent a sale and generated estimated value of $176,525 at $47.80 per share.
Key Details
- Transaction dates: June 2, 2026 (tax withholding), June 4, 2026 (open‑market sales).
- Open‑market sale totals: 3,561 shares sold for ~$177,083 in proceeds.
- Tax withholding: 3,693 shares withheld to satisfy tax on vested RSUs (not a sale), valued at $176,525.
- Prices and notes: 1,600 shares reported at $49.28 (F3 weighted avg; actual prices ranged $48.80–$49.74); 1,961 shares reported at $50.09 (F4 weighted avg; actual prices ranged $49.88–$50.40).
- Plan/authorization: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted August 21, 2025 (F2).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing timeliness: Form 4 filed June 4, 2026; filing appears timely based on reported dates.
Context
The June 2 entry reflects share withholding to cover taxes on RSU vesting (a common non‑market transaction), while the June 4 transactions were open‑market sales executed under a pre‑arranged 10b5‑1 plan. Sales by executives can be routine (e.g., tax withholding or planned disposals) and do not by themselves indicate a change in company outlook.