Haas Kevin Richard 4
4 · MYRIAD GENETICS INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Myriad Genetics (MYGN) CTO Kevin Haas Withholds Shares for Taxes
What Happened Kevin Richard Haas, formerly Chief Technology Officer of Myriad Genetics (MYGN), had a total of 22,310 shares disposed via issuer withholding to satisfy tax obligations tied to the vesting of restricted stock units (RSUs) and performance-based RSUs. The withholding occurred across transactions March 13–15, 2026 at a price of $4.66 per share, resulting in cash values of $29,880, $19,390, $15,634 and $39,060 (total ≈ $103,964). These were not open-market sales but share retentions by the company to cover taxes.
Key Details
- Transaction dates & amounts:
- 2026-03-13: 6,412 shares withheld — $29,880
- 2026-03-14: 4,161 shares withheld — $19,390
- 2026-03-15: 3,355 shares withheld — $15,634
- 2026-03-15: 8,382 shares withheld — $39,060
- Withholding price: $4.66 per share (based on Myriad's March 13, 2026 closing price).
- Total shares withheld: 22,310; total value ≈ $103,964.
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnotes: Company withheld shares to satisfy tax withholding on vested RSUs and performance-based RSUs; amounts were determined using the March 13 closing price.
- Filing/timeliness: Report covering 3/13–3/15 transactions was filed 2026-03-16; filing is not flagged as late.
- Additional remark from filing: Haas is no longer serving as CTO effective March 16, 2026 and is no longer subject to Section 16 reporting.
Context These transactions are routine tax-withholding actions tied to equity vesting (not open-market sales or purchases). For retail investors, tax-withholdings typically do not signal insider sentiment about the company’s prospects; they simply settle tax obligations when RSUs vest.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-13$4.66/sh−6,412$29,880→ 195,920 total - Tax Payment
Common Stock
[F1]2026-03-14$4.66/sh−4,161$19,390→ 191,759 total - Tax Payment
Common Stock
[F1]2026-03-15$4.66/sh−3,355$15,634→ 188,404 total - Tax Payment
Common Stock
[F2]2026-03-15$4.66/sh−8,382$39,060→ 180,022 total
Footnotes (2)
- [F1]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.
- [F2]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.