Verratti Mark 4
4 · MYRIAD GENETICS INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Myriad Genetics COO Mark Verratti Receives RSU Award; Shares Withheld
What Happened
- Mark Verratti, Chief Operating Officer of Myriad Genetics (MYGN), received a grant of 247,423 restricted stock units (RSUs) on March 12, 2026 (award, code A). The RSUs were granted at no cash cost to the reporting person (acquisition price $0).
- To satisfy tax withholding obligations on vesting, Myriad withheld a total of 29,289 shares across transactions dated March 13–15, 2026 (codes F). Those withheld shares were recorded at $4.66 per share, generating withholding amounts of $42,704 (9,164 shares), $25,248 (5,418 shares), $26,147 (5,611 shares) and $42,387 (9,096 shares), for a combined withholding value of $136,486.
- These withholding transactions are routine tax-withholding on vesting of equity awards, not open-market sales or purchases.
Key Details
- Transaction dates and amounts:
- 2026-03-12: RSU grant — 247,423 units @ $0.00 (award).
- 2026-03-13: 9,164 shares withheld @ $4.66 = $42,704.
- 2026-03-14: 5,418 shares withheld @ $4.66 = $25,248.
- 2026-03-15: 5,611 shares withheld @ $4.66 = $26,147.
- 2026-03-15: 9,096 shares withheld @ $4.66 = $42,387.
- Shares withheld total: 29,289; total withholding value: $136,486.
- Shares owned after transaction: not specified in this filing.
- Footnotes of note:
- F1: Grants are time-based RSUs under the 2017 Equity Incentive Plan; each RSU converts to one share and vests in three equal annual installments starting one year after the grant.
- F2/F3: Withheld shares were used to satisfy tax obligations for time-based and performance-based RSUs; withholding amount based on closing price on March 13, 2026.
- Filing date: March 16, 2026. The filing does not indicate a late-reporting designation.
Context
- RSUs are a form of compensation that convert to shares when they vest; the award itself is not a cash purchase and generally reflects compensation rather than a buy/sell signal. The withheld shares are a common, administrative step to pay required taxes and do not necessarily indicate the insider sold shares on the open market.
Insider Transaction Report
Form 4
Verratti Mark
Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-03-12+247,423→ 662,059 total - Tax Payment
Common Stock
[F2]2026-03-13$4.66/sh−9,164$42,704→ 652,895 total - Tax Payment
Common Stock
[F2]2026-03-14$4.66/sh−5,418$25,248→ 647,477 total - Tax Payment
Common Stock
[F2]2026-03-15$4.66/sh−5,611$26,147→ 641,866 total - Tax Payment
Common Stock
[F3]2026-03-15$4.66/sh−9,096$42,387→ 632,770 total
Footnotes (3)
- [F1]Consists of time-based restricted stock units granted pursuant to the Issuer's 2017 Employee, Director and Consultant Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and vests in three equal annual installments beginning on the first anniversary of the grant date.
- [F2]Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the Reporting Person. The number of shares withheld was determined based on the closing price of Issuer's Common Stock on March 13, 2026.
- [F3]Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of performance-based restricted stock units previously granted to the Reporting Person. The number of shares withheld was determined based on the closing price of the Issuer's Common Stock on March 13, 2026.
Signature
By: Justin Hunter For: Mark Verratti|2026-03-16