Form 4: McGinnis Christopher A reports multiple insider transactions in GDRX
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGinnis Christopher A reported multiple insider transaction types in a Form 4 filing for GDRX. The filing lists transactions totaling 411,039 shares at a weighted average price of $2.18 per share. Following the reported transactions, holdings were 537,359 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
179,120 shares exercised/converted
Mixed
3 txns
Insider
McGinnis Christopher A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 179,120 | $0.00 | -- |
| Exercise | Class A Common Stock | 179,120 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 52,799 | $2.18 | $115K |
Holdings After Transaction:
Restricted Stock Unit — 537,359 shares (Direct);
Class A Common Stock — 179,120 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The restricted stock unit award will vest as to 25% of the underlying shares on February 15, 2026 with the remaining 75% to vest in approximately equal quarterly installments thereafter for 12 quarters.
FAQ
What did GoodRx (GDRX) officer Christopher McGinnis report on this Form 4?
Christopher McGinnis reported the exercise of restricted stock units and related tax withholding. 179,120 RSUs converted into Class A common stock, and a portion of those shares was used to cover tax liabilities through a coded F transaction.
What is the vesting schedule of the GoodRx (GDRX) RSU award in this filing?
The RSU award vests 25% on February 15, 2026, with the remaining 75% vesting quarterly. That remaining portion will vest in approximately equal quarterly installments over 12 quarters, subject to the award’s continued service and other plan conditions.
Does this GoodRx (GDRX) Form 4 indicate an open-market stock sale by the officer?
The filing shows a tax-withholding disposition, not a standard open-market sale. The F-coded transaction reflects shares delivered to cover tax liabilities associated with the RSU exercise, rather than discretionary selling into the market.