GDRX Insider Notice: 10,243 Class A Shares via Merrill Lynch (~$40.9k)
Rhea-AI Filing Summary
GoodRx Holdings, Inc. (GDRX) Form 144 notifies the proposed sale of 10,243 Class A shares through Merrill Lynch on approximately 09/05/2025, with an aggregate market value of $40,972 based on the filing. The shares were acquired on 10/15/2015 in a private placement from the issuer and paid in cash. The filing also discloses closely related sales by affiliated parties during the past three months: Spectrum VII Investment Managers' Fund, LP and Spectrum VII Co-Investment Fund, LP sold multiple tranches of Class A shares on 06/06/2025 and 07/03/2025, totaling 18,354 shares and gross proceeds reported across those trades. The filer certifies no undisclosed material adverse information.
Positive
- Securities were held long-term: acquired in a private placement on 10/15/2015, indicating a multi-year holding period
- Transaction routed through a major broker: Merrill Lynch engaged to handle the proposed sale
Negative
- Insiders/affiliates recently sold shares: 18,354 Class A shares sold on 06/06/2025 and 07/03/2025 by affiliated funds, indicating recent liquidity events
- Proposed sale disclosed: 10,243 Class A shares (~$40,972) set for approximately 09/05/2025, which is a disposition of insider-held stock
Insights
TL;DR: Director/affiliate proposes to sell a modest block (10,243 shares, ~$40.9k), while affiliated funds executed recent sales totaling 18,354 shares.
The proposed sale size of 10,243 shares valued at $40,972 is small relative to many public float sizes and appears to be an orderly transaction handled by a major broker, Merrill Lynch. The shares originated from a 2015 private placement, indicating a long holding period for these shares. Recent related-party sales on 06/06/2025 and 07/03/2025 show affiliated funds disposing of 18,354 shares for aggregate gross proceeds reported per trade. For investors, these disclosures document liquidity events but do not, by themselves, establish material company-level developments.
TL;DR: The filing documents compliance with Rule 144 for insider/affiliate sales and affirms no undisclosed material adverse facts.
The Form 144 includes the required representations that the seller does not possess undisclosed material information and notes that the securities were acquired in a private placement in 2015. Using a registered broker and providing prior three-month sale history by related funds align with regulatory disclosure norms. The filing signals routine monetization of longstanding holdings rather than a governance or disclosure breach.