GoodRx (NASDAQ: GDRX) executive exercises 44,779 RSUs, 19,726 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoodRx Holdings executive Christopher A. McGinnis reported routine equity compensation activity involving restricted stock units and related tax withholding. He exercised derivative securities to acquire 44,779 shares of Class A common stock at a conversion price of $0.00 per share from restricted stock units. In a separate transaction, 19,726 shares of Class A common stock were surrendered at $2.49 per share to cover tax obligations. Following these transactions, he directly held 177,616 shares of Class A common stock. Footnotes clarify that each restricted stock unit represents a contingent right to one share of Class A common stock, with vesting scheduled over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,779 shares exercised/converted
Mixed
3 txns
Insider
McGinnis Christopher A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 44,779 | $0.00 | -- |
| Exercise | Class A Common Stock | 44,779 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 19,726 | $2.49 | $49K |
Holdings After Transaction:
Restricted Stock Unit — 492,580 shares (Direct, null);
Class A Common Stock — 197,342 shares (Direct, null)
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.
Key Figures
RSU shares exercised: 44,779 shares
Shares surrendered for taxes: 19,726 shares
Direct holdings after transaction: 177,616 shares
+2 more
5 metrics
RSU shares exercised
44,779 shares
Class A common stock acquired via derivative exercise at $0.00
Shares surrendered for taxes
19,726 shares
Class A common stock at $2.49 per share for tax withholding
Direct holdings after transaction
177,616 shares
Class A common stock directly owned after reported transactions
Tax withholding price
$2.49 per share
Value used for 19,726-share tax-withholding disposition
RSU conversion price
$0.00 per share
Conversion price for 44,779 restricted stock units into Class A shares
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, Class A Common Stock
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Class A common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did GoodRx (GDRX) executive Christopher McGinnis report?
Christopher A. McGinnis reported exercising restricted stock units into 44,779 Class A common shares and surrendering 19,726 shares to cover taxes. These are routine compensation-related transactions, not open-market buys or sells of GoodRx stock.
How do GoodRx (GDRX) restricted stock units work in this insider filing?
Each restricted stock unit represents a contingent right to receive one GoodRx Class A share. The award referenced here vests 25% on February 15, 2026, with the remaining 75% vesting in roughly equal quarterly installments over the following 12 quarters.