Leite John 4

What Happened
John Leite, Chief Commercial Officer of Veracyte (VCYT), was credited with an award of 47,149 shares on February 26, 2026 related to performance-based restricted stock units (PSUs). The Form 4 lists the award as acquired at $0.00 per share (vesting event). To cover tax withholding on the vesting, 8,905 shares were surrendered/withheld at $38.75 per share, totaling $345,069; the withheld shares were not sold on the open market.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026.
• Award/Acquisition (code A): 47,149 shares @ $0.00 (PSU vesting entry).
• Tax withholding (code F): 8,905 shares withheld @ $38.75 = $345,069 (not an open‑market sale).
• Footnotes: F1 — of the 47,149 PSUs, 17,221 vested on Feb 26, 2026; the remaining 29,928 are scheduled to vest on Dec 2, 2026 subject to continuous service. F2 — withheld shares were used to satisfy tax withholding obligations and do not represent a sale.
• Shares owned after the transaction: not specified in the supplied filing.
• Filing timeliness: Form filed March 2, 2026 reporting the Feb 26 transaction; no late‑filing flag included in the filing.

Context
PSUs are performance-based awards that convert to shares when performance targets are certified; this is a vesting/compensation event (not a purchase). The withholding of shares to cover taxes is a routine administrative action and does not indicate an open-market sale by the insider. The remaining PSUs (29,928) will vest only if the performance and service conditions are met on Dec 2, 2026.