GDRX Insider Notice: 5,773 Class A Shares Proposed for Sale on 09/05/2025
Rhea-AI Filing Summary
GoodRx Holdings, Inc. (GDRX) submitted a Form 144 notice reporting a proposed sale of 5,773 Class A shares through Merrill Lynch on 09/05/2025, with an aggregate market value of $23,092 and 98,580,674 Class A shares outstanding. The filing states these shares were acquired in a private placement on 10/15/2015 and paid in cash. The notice also lists prior sales by related entities in June and July 2025 totaling 21,354 shares across four transactions with gross proceeds shown for each. The signer certifies no undisclosed material adverse information and references Rule 10b5-1 plan language in the remarks.
Positive
- Disclosure of acquisition details: the filing states shares were acquired in a private placement on 10/15/2015 and paid in cash, clarifying holding period eligibility under Rule 144
- Broker and sale timing provided: the filing names Merrill Lynch and an approximate sale date of 09/05/2025, giving transparency on execution arrangements
- Prior sale history included: four transactions in June and July 2025 are listed with share counts and gross proceeds, aiding traceability of recent dispositions
Negative
- No 10b5-1 plan adoption date provided: the remarks reference trading plans but do not state a plan adoption date, so the filing does not confirm sales are pursuant to a pre-established plan
- Insider selling activity: related parties sold a combined 21,354 shares in June–July 2025, which may be perceived negatively despite being small relative to outstanding shares
Insights
TL;DR: Routine Rule 144 sale notice; amount is small relative to outstanding shares and recent related-party dispositions occurred.
The Form 144 reports a proposed sale of 5,773 Class A shares valued at $23,092, representing a de minimis portion of the 98.6 million shares outstanding. The filing documents acquisition via a 2015 private placement and cash payment, which clarifies the holding period and transferability conditions. Related entities executed sales in June and July 2025 totaling 21,354 shares with specified gross proceeds, indicating prior liquidity events. For investors, this is a factual disclosure of planned and recent insider-related sales without operational or financial statements attached.
TL;DR: Filing appears procedurally complete and includes required acquisition and sale history; signer attests no undisclosed material information.
The notice provides required details: broker name and address (Merrill Lynch, San Francisco), dates of acquisition and payment, and past three months' sale records with amounts and gross proceeds. The signature/attestation language references Rule 10b5-1 plan adoption but does not state a plan date. The absence of a specific trading-plan adoption date means no explicit evidence in this filing that sales are pursuant to a 10b5-1 plan, though the form text acknowledges that possibility. Overall, the filing fulfills Rule 144 disclosure elements based on the content provided.