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Form 8-K · Current Report · Filed 2024-03-22

Guardant Health Amends CEO Compensation Agreements

On March 18, 2024, Guardant Health, Inc. announced that its Board of Directors approved amendments to the Letter Agreements with its co-CEOs, Helmy Eltoukhy and AmirAli Talasaz, effective January 1, 2024. The amendments maintain the annual base salary at $1 and introduce new annual RSU and PSU awards, with long-term awards tied to company performance metrics. Additionally, the filing includes financial statements and exhibits, such as the form of the Letter Agreement, as part of the 9.01 item.

Filer
Guardant Health Inc. GH · NASDAQ
Filed
Accession
0001193125-24-075436
CIK
0001576280
Signal
Low impactHealthcare

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Employment Agreement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$17.56

Next session

-2.4%

Since filing

+822.5%

Latest close

$161.99

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GH reporting the same item, with the next session's move:

Exhibits (1)

About Guardant Health Inc.

Guardant Health Inc. is an innovative biotechnology company specializing in the development and commercialization of precision oncology diagnostics. This company is recognized for its groundbreaking work in non-invasive cancer detection through liquid biopsy technologies, which involve analyzing circulating tumor DNA in blood samples. Guardant Health’s primary function is to provide oncologists and researchers with critical tools and data to better understand cancer, tailor treatments, and monitor disease progression, potentially improving patient outcomes significantly. Guardant Health operates prominently in the healthcare and biotechnology sector, significantly impacting fields such as cancer research and personalized medicine. Their products and services are vital for facilitating early detection of cancer, identifying treatment options, and offering companion diagnostics for pharmaceutical developments. In the financial market, Guardant Health represents an important player within the precision medicine landscape, influencing investment within the biotechnology and healthcare sectors. Founded in 2012 and headquartered in Redwood City, California, the company continues to expand its portfolio and advance its technologies, playing a pivotal role in the fight against cancer at a global level.

Exchange NASDAQ Industry Diagnostics & Research Company website ↗

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