Biodesix (BDSX) major holder Jack W. Schuler adds shares via trusts
Rhea-AI Filing Summary
Biodesix Inc. insider Jack W. Schuler, a more-than-10% shareholder and emeritus director, reported two open-market purchases of common stock through the Jack W. Schuler Living Trust. On August 11, 2026, the trust purchased 13,700 shares at a weighted average price of $24.0081 per share, in multiple trades between $23.965 and $24.32. On August 10, 2026, it purchased 13,900 shares at a weighted average price of $24.2467 per share, in trades between $23.89 and $24.50. The filing also reports an indirect holding of 1,800,000 shares of common stock held by the Jack W. Schuler 2026 GRAT, for which Schuler is sole trustee. Reported amounts reflect exempt transfers between the Living Trust and related GRATs under Rule 16a-13, and the transactions were not executed under a Rule 10b5-1 trading plan.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 27,600 shares
Net Buy
3 txns
Insider
SCHULER JACK W
Role
10% Owner
Bought
27,600 shs ($666K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F4, F3 | 13,700 | $24.0081 | $329K |
| Purchase | Common Stock F1, F2, F3 | 13,900 | $24.2467 | $337K |
| holding | Common Stock F2, F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 540,810 shares (Indirect, By Jack W. Schuler Living Trust);
Common Stock — 1,800,000 shares (Indirect, By Jack W. Schuler 2026 GRAT)
Footnotes (5)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.89 to $24.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. Reported amounts have been adjusted to reflect (i) the transfer of 750,000 shares previously held by the Jack W. Schuler 2025 GRAT to the Jack W. Schuler Living Trust on March 25, 2026 and (ii) the transfer of 1,800,000 shares previously held by the Jack W. Schuler Living Trust to the Jack W. Schuler 2026 GRAT on April 1, 2026, each of which was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
- F3. Jack W. Schuler is the sole trustee of the Jack W. Schuler Living Trust.
- F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.965 to $24.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F5. Jack W. Schuler is the sole trustee of the Jack W. Schuler 2026 GRAT.
Key Figures
Shares purchased 2026-08-10: 13,900 shares
Weighted average price 2026-08-10: $24.2467 per share
Shares purchased 2026-08-11: 13,700 shares
+4 more
7 metrics
Shares purchased 2026-08-10
13,900 shares
Open-market purchase via Jack W. Schuler Living Trust at weighted average $24.2467
Weighted average price 2026-08-10
$24.2467 per share
Purchases executed in multiple trades between $23.89 and $24.50
Shares purchased 2026-08-11
13,700 shares
Open-market purchase via Jack W. Schuler Living Trust at weighted average $24.0081
Weighted average price 2026-08-11
$24.0081 per share
Purchases executed in multiple trades between $23.965 and $24.32
Total shares bought in Form 4
27,600 shares
Sum of the two reported open-market purchases by the Living Trust
Indirect holdings via 2026 GRAT
1,800,000 shares
Common stock held by Jack W. Schuler 2026 GRAT after reported adjustments
Exempt transfer from 2025 GRAT
750,000 shares
Transferred to the Living Trust, exempt under Rule 16a-13
Key Terms
Grantor Retained Annuity Trust, Rule 16a-13, weighted average price
3 terms
Grantor Retained Annuity Trust financial
"shares previously held by the Jack W. Schuler 2025 GRAT to the Jack W. Schuler Living Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Rule 16a-13 regulatory
"each of which was exempt from Section 16 pursuant to Rule 16a-13 under the Securities"
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were purchased"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
Were Jack W. Schuler’s Biodesix (BDSX) trades made under a Rule 10b5-1 plan?
The Form 4 indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan. The 10b5-1 checkbox is explicitly unchecked, and no footnote describes these purchases as plan-based.
AI-generated analysis. How Rhea-AI works. Not financial advice.
