Salentine Thomas J Jr 4

What Happened

• The Form 4 shows Salentine Thomas J Jr — a reported 10% owner of Guardian Pharmacy Services, Inc. (GRDN) — sold 3,570,677 shares of Class A common stock on March 20, 2026. The shares were sold at $29.68 per share for a total proceeds of $105,986,620 (≈ $106.0M). This was a sale (S), not a purchase.

Key Details

• Transaction date: 2026-03-20; price: $29.68 per share; shares sold: 3,570,677; total proceeds: $105,986,620.
• Footnote: the shares were sold pursuant to an Underwriting Agreement dated March 18, 2026 involving the issuer, selling stockholders and underwriters (BofA Securities and Jefferies) — i.e., part of an underwritten offering, not a routine open-market trade.
• Shares owned after the transaction: not specified in the information provided.
• Filing: Form 4 filed on 2026-03-24. This appears to be a timely filing (within the standard two business-day window following the transaction).

Context

• Because the sale was executed pursuant to an underwriting agreement, it likely relates to a planned offering or secondary sale coordinated with underwriters rather than an ad hoc market trade. As a 10% owner, Salentine is a large holder; such transactions are often institutional/liquidity events and do not necessarily reflect the insider’s view of the company’s fundamentals.