McGuire Annie 4
Research Summary
AI-generated summary
Veracyte (VCYT) SVP Annie McGuire Receives Award
What Happened
- Annie McGuire, SVP and General Counsel of Veracyte, received an award of 50,999 shares related to performance-based restricted stock units (PSUs) on February 26, 2026 (reported as an acquisition at $0.00 per share).
- The filing also reports 10,867 shares "disposed" at $38.75 per share (total value $421,096) to satisfy tax-withholding obligations; the filing notes those withheld shares were used for taxes and do not represent an open-market sale.
Key Details
- Transaction date(s): February 26, 2026 (reported on Form 4 filed March 2, 2026).
- Award: 50,999 shares of common stock reported as acquired at $0.00 (PSU-related).
- Tax withholding: 10,867 shares withheld at $38.75 to satisfy tax liability (reported disposition; $421,096).
- Vesting detail: Of the PSUs, 21,071 vested on Feb 26, 2026; the remaining 29,928 are scheduled to vest on December 2, 2026, subject to continuous service (footnote).
- Other note: Footnote indicates 374 shares were purchased on Jan 31, 2026 under Veracyte’s Employee Stock Purchase Plan and are included in reported holdings.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date is March 2, 2026; the report does not indicate a late filing flag.
Context
- These were PSU vesting and tax-withholding transactions — routine compensation-related events for executives. The withheld shares to cover taxes are not an indication of a market sale or change in investment stance.
- Because a portion of the PSUs remains subject to future vesting (Dec 2, 2026), some upside remains conditional on continued service and any performance terms.