GoodRx officer exercises RSUs and covers taxes
GoodRx Holdings officer Christopher A. McGinnis exercised 36,988 restricted stock units into Class A common stock, with each unit representing a contingent right to receive one share.
Rhea-AI Filing Summary
GoodRx Holdings officer Christopher A. McGinnis exercised 36,988 restricted stock units into Class A common stock, with each unit representing a contingent right to receive one share. To satisfy tax obligations, 16,294 shares were withheld at $3.01 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, he held 198,310 Class A shares directly and 369,877 restricted stock units that, under the award terms, vest in 12 equal quarterly installments beginning April 15, 2026, subject to continued service.
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Insider Trade Summary
36,988 shares exercised/converted
Exercise
3 txns
Insider
McGinnis Christopher A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 36,988 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 36,988 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 16,294 | $3.01 | $49K |
Holdings After Transaction:
Restricted Stock Unit — 369,877 contracts (Direct);
Class A Common Stock — 198,310 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2. 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.
Key Figures
RSUs exercised into Class A shares: 36,988 shares
Shares withheld for taxes: 16,294 shares
Tax withholding price: $3.01 per share
+4 more
7 metrics
RSUs exercised into Class A shares
36,988 shares
Restricted stock units converted to Class A common stock on July 15, 2026
Shares withheld for taxes
16,294 shares
Tax-withholding disposition at $3.01 per share on July 15, 2026
Tax withholding price
$3.01 per share
Value used for payment of tax liability by delivering securities
Shares held after transactions
214,604 shares
Class A common stock directly owned by McGinnis following July 15, 2026 transactions
Restricted stock units outstanding
369,877 units
Restricted stock units reported as held following the July 15, 2026 RSU transaction
Vesting installments
12 quarterly installments
RSUs vest ratably in 12 equal quarterly installments, starting April 15, 2026
First vesting date
April 15, 2026
Initial vesting date for the restricted stock units, subject to continued service
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, contingent right
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"transaction_action field states tax-withholding disposition of shares"
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.
contingent right financial
"represents a contingent right to receive one share of Class A common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Christopher A. McGinnis report at GoodRx (GDRX)?
Christopher A. McGinnis reported exercising 36,988 restricted stock units into Class A common stock and a tax-withholding disposition of 16,294 shares at $3.01 per share, leaving him with 214,604 Class A shares held directly.
How do the reported GoodRx (GDRX) restricted stock units for McGinnis vest?
The restricted stock units reported for Christopher McGinnis will vest in 12 equal quarterly installments, with the first vesting date on April 15, 2026, and vesting in each installment is subject to his continued service through the applicable vesting date.
Does this GoodRx (GDRX) Form 4 show open-market buying or selling by McGinnis?
The filing shows an RSU exercise and a tax-withholding disposition, not open-market buying or selling. Shares were issued from restricted stock units and a portion was withheld to pay tax liabilities, rather than traded on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
