GoodRx (GDRX) executive awarded 443,852 restricted stock units in new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGinnis Christopher A reported acquisition or exercise transactions in this Form 4 filing.
GoodRx Holdings, Inc. reported that executive Christopher A. McGinnis received a grant of 443,852 restricted stock units on Class A common stock. Each unit represents a right to receive one share at no purchase price.
The restricted stock units vest in 12 equal quarterly installments, with the first vesting on April 15, 2026, and are subject to continued service through each vesting date. Following this award, McGinnis directly holds 126,321 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McGinnis Christopher A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 443,852 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 443,852 shares (Direct);
Class A Common Stock — 126,321 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The restricted stock units will vest ratably in 12 equal quarterly installments, with the first vesting occurring on April 15, 2026, and subject to continued service through each applicable vesting date.
FAQ
What insider transaction did GoodRx (GDRX) report for Christopher A. McGinnis?
GoodRx reported that Christopher A. McGinnis received a grant of 443,852 restricted stock units. Each unit represents a right to receive one share of Class A common stock, providing equity-based compensation tied to his ongoing service with the company.
How do the new restricted stock units for GoodRx (GDRX) vest?
The 443,852 restricted stock units vest in 12 equal quarterly installments. The first vesting date is April 15, 2026, and each installment requires McGinnis to remain in continued service through the applicable vesting date before shares are delivered.
What does each GoodRx (GDRX) restricted stock unit represent in this Form 4?
Each restricted stock unit represents a contingent right to receive one share of GoodRx Class A common stock. No purchase price is required, but delivery of shares depends on the vesting schedule and McGinnis meeting the continued service conditions described in the filing.
What is Christopher A. McGinnis’s GoodRx (GDRX) stock position after this Form 4?
After the reported transactions, Christopher A. McGinnis directly holds 126,321 shares of GoodRx Class A common stock. He also has 443,852 restricted stock units outstanding, which may convert into additional shares over time as the quarterly vesting requirements are satisfied.
Is the GoodRx (GDRX) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant or award acquisition of restricted stock units, not an open-market stock purchase. The transaction is coded as an award, with vesting over time rather than an immediate cash purchase of GoodRx Class A common shares in the market.