Veracyte (VCYT) John Leite Withholds 3,961 Shares for Taxes

What Happened
John Leite, Veracyte's Global Chief Commercial Officer, had 3,961 shares of common stock withheld to satisfy tax withholding obligations related to RSU vesting. The withholding was recorded at $44.88 per share, for a gross value of about $177,770. This action was a tax-withholding/net settlement of vested restricted stock units — not an open-market sale.

Key Details

• Transaction date: 2026-09-02; filing date (Form 4): 2026-09-04 (appears timely).
• Shares withheld: 3,961 at $44.88 per share; total value ≈ $177,770.
• Transaction code: F (payment of exercise price or tax liability).
• Footnote: Shares were withheld to satisfy tax withholding on RSU vesting and "does not represent a sale."
• Shares owned after transaction: not disclosed in this filing.

Context
Tax-withholding (net settlement) is a routine administrative step when restricted stock units vest; it reduces the insider’s share count but is not a market sale or a direct signal of confidence/concern. Transaction code F simply denotes shares used to cover tax obligations rather than a purchase (P) or sale (S).