Ming Hsieh - Jun 9, 2025 Form 4 Insider Report for Fulgent Genetics, Inc. (FLGT)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Paul Kim as Attorney-in-Fact
Stock symbol: FLGT
Transactions as of: Jun 9, 2025
Transactions value $: $0
Form type: 4
Date filed: 6/11/2025, 04:30 PM
Previous filing: May 28, 2025
Next filing: Jun 13, 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Hsieh Ming	Chief Executive Officer, Director, 10%+ Owner	C/O FULGENT GENETICS, INC., 4399 SANTA ANITA AVENUE, EL MONTE	/s/ Paul Kim as Attorney-in-Fact	2025-06-11	0001302110
Ming Hsieh Trust	10%+ Owner	C/O FULGENT GENETICS, INC., 4399 SANTA ANITA AVENUE, EL MONTE	/s/ Paul Kim as Attorney-in-Fact	2025-06-11	0001836339

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FLGT	Common Stock						811K	Jun 9, 2025	Direct
holding	FLGT	Common Stock						7.9M	Jun 9, 2025	By Trust	F1
holding	FLGT	Common Stock						221K	Jun 9, 2025	By Trust	F2
holding	FLGT	Common Stock						1K	Jun 9, 2025	Uniform Transfer to Minor Account	F3
holding	FLGT	Common Stock						1K	Jun 9, 2025	Uniform Transfer to Minor Account	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FLGT	Forward sale contract (obligation to sell)	Other		-800K	-100%		0	Jun 9, 2025	Common Stock	800K		By Trust	F1, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Securities held by The Ming Hsieh Trust (the "Trust"). Mr. Hsieh is the trustee of the Trust and possesses the sole voting and dispositive power with respect to securities held by the Trust.
F2	Securities held by the Dynasty Trust. Mr. Hsieh is the grantor of the Dynasty Trust and he and his spouse, Eva Hsieh, and Jian Xie serve on the investment committee of the Dynasty Trust. Mr. Hsieh disclaims any beneficial interest except with respect to any pecuniary interest therein.
F3	Shares held in a Uniform Transfers to Minor Act account for which Ming Hsieh acts as custodian and possesses the sole voting and dispositive power.
F4	Previously, on September 14, 2022, the Trust entered into a prepaid variable forward agreement (the "2022 Agreement") with an unaffiliated bank (the "Bank"). The 2022 Agreement obligated the Trust to deliver up to 800,000 shares of the issuer's common stock, $0.0001 par value per share ("Common Stock") (or, at the Trust's election, an equivalent amount of cash) to settle the 2022 Agreement.
F5	On June 9, 2025, the Trust elected to cancel the 2022 Agreement with respect to all 800,000 shares. In connection with the cancellation, the Trust paid an aggregate of $16,446,960.00 to the Bank. Following the payment and cancellation described above, the 800,000 shares held by the reporting person that were previously subject to the prepaid forward contract are no longer pledged to the Bank.