Guardant Health: chief information officer Kalia Kumud exercised 6,046 shares

What happened

• Kalia Kumud, chief information officer, exercised or converted derivatives into 6,046 shares on Oct 1, 2026. The filing reports that 3,067 shares were retained by the company to satisfy tax withholding at $174.75 per share, totaling $535,958, leaving 2,979 net shares issued to the insider.

Key details

• Transaction date and prices: Oct 1, 2026 — conversions of 1,607; 1,084; 1,995; and 1,360 shares each at $0.00 (derivative conversion). Tax withholding: 3,067 shares at $174.75 per share, $535,958.
• Filing date: Oct 2, 2026.
• Net shares issued to insider after withholding: 2,979.
• Relevant footnotes from the filing:
  • F1: shares were retained by the company to meet the award-holder's tax withholding obligations; the amount retained was not in excess of the tax liability.
  • F2–F6: the converted instruments represent restricted stock unit awards granted on Nov 7, 2022 (F2), Dec 13, 2023 (F4), Nov 8, 2024 (F5), and Mar 12, 2025 (F6) with multi-year vesting schedules; F3 is not applicable for RSUs.
• Transaction codes in the filing: M = exercise or conversion of a derivative; F = payment of exercise price or tax liability.

Why it may matter

• The filing shows derivatives were converted into shares and a portion of those shares were withheld by the company to satisfy tax obligations (a cashless net settlement for tax withholding).
• The filing does not show why the insider traded or why the company acted.