Guardant Health Director Steve Krognes Sells ~$1.17M in Stock
Guardant Health, Inc.
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Filing Summary
=== INSIDER TRANSACTION REPORT ===
Company: Guardant Health, Inc. (GH)
Insider: Steve E. Krognes
Role: Director
Transaction: Sale (Open Market)
Shares Sold: 6,674
Avg Price: $175.74
Total Value: $1,172,885.70
Shares Held: 7,906 (-45.78% reduction)
Significance: Medium
Comprehensive Analysis
Transaction Summary
On September 16, 2026, Guardant Health, Inc. (GH) Director Steve E. Krognes executed open-market sales of 6,674 shares of common stock at a volume-weighted average price of $175.74, yielding gross proceeds of approximately $1,172,885.70.
The sales were reported across four tranches at prices ranging between $173.98 and $177.945:
- 1,103 shares at a weighted average price of $174.4623
- 3,300 shares at a weighted average price of $175.4206
- 1,300 shares at a weighted average price of $176.3354
- 971 shares at a weighted average price of $177.4766
Following these dispositions, Krognes's direct holdings decreased from 14,580 shares to 7,906 shares.
Insider Background & Holding Impact
Steve E. Krognes serves as a member of Guardant Health's Board of Directors. The sale of 6,674 shares represents a significant 45.78% reduction of his directly held equity position in the issuer. The filing does not indicate that the trades were conducted under a Rule 10b5-1 trading plan.
Market Significance
This transaction is categorized as Medium Significance. While board members routinely monetize equity positions, shedding nearly half of a direct ownership position in open-market transactions without an indicated 10b5-1 plan may draw attention from market participants, despite the transaction dollar value being moderate relative to Guardant Health's market capitalization.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
