Guardant Health grants co-CEOs 465,413 target PSUs each tied to relative TSR
Guardant Health's board approved performance-based restricted stock unit awards to co-CEOs Helmy Eltoukhy and AmirAli Talasaz, each with a target of 465,413 PSUs. The awards pay out only if the company's total shareholder return beats a set percentile versus S&P 500 constituents over three-year and five-year periods, so the grants create no value unless relative returns meet those thresholds.
Key points
- Each co-CEO received a grant of 465,413 PSUs at target, approved November 2, 2026.
- 25% of target PSUs cover a three-year period (June 1, 2026 to May 31, 2029); 75% cover a five-year period (June 1, 2026 to May 31, 2031).
- Payout ranges from 0% of target below the 40th percentile to 250% at or above the 90th percentile; total vesting is capped at 250% of target.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
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