Leite John 4

What Happened

• John Leite, Global Chief Commercial Officer of Veracyte (VCYT), disposed of shares in two related transactions. On June 2, 2026, 4,059 shares were withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (not a sale), valued at about $194,020. On June 4, 2026, he sold 13,975 shares in an open-market transaction for a weighted average price of $50.07, receiving approximately $699,732. The sale is a disposition (routine liquidity) rather than a purchase.

Key Details

• Transaction dates and prices:
  • 2026-06-02: 4,059 shares withheld for taxes at $47.80 (represents RSU tax withholding; F1).
  • 2026-06-04: Open-market sale of 13,975 shares at a weighted average $50.07 (sale prices ranged $50.00–$50.30; F3) for ~$699,732.
• Plan/authorization: Sale executed under a pre-established Rule 10b5-1 trading plan adopted on June 9, 2025 (F2).
• Shares owned after the transactions: not specified in this filing.
• Filing timeliness: Form 4 filed 2026-06-04 for transactions through 2026-06-02; no indication the filing was late.

Context

• The 4,059-share “disposition” is a tax-withholding event related to RSU vesting (cashless withholding), not an open-market sale. The 13,975-share sale was preplanned under a 10b5-1 plan, which allows insiders to sell according to a preset schedule and diminishes inference about timing or intent. These kinds of filings document insider liquidity; they are factual records and do not, by themselves, indicate the insider’s view of the company’s prospects.