GoodRx (GDRX) CAO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoodRx Holdings, Inc. Chief Accounting Officer Thomas Chan reported equity compensation activity involving Class A Common Stock and restricted stock units. On July 15, 2026, he exercised restricted stock units to acquire 5,792 shares of Class A Common Stock, while 2,947 shares were disposed of in a tax-withholding transaction at $3.01 per share. After these transactions, he directly holds 11,527 shares of Class A Common Stock and 57,925 restricted stock units, each representing a contingent right to one share. The RSU award vests in twelve quarterly installments beginning April 15, 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,792 shares exercised/converted
Mixed
3 txns
Insider
Chan Thomas (TC)
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,792 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,792 | -- | -- |
| Tax Withholding | Class A Common Stock | 2,947 | $3.01 | $9K |
Holdings After Transaction:
Restricted Stock Unit — 57,925 shares (Direct);
Class A Common Stock — 11,527 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Class A common stock. This restricted stock units award vests with respect to 1/12 of the award in quarterly installments on April 15, 2026 and on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through each applicable vesting date.
Key Figures
Shares acquired via RSU exercise: 5,792 shares
Shares withheld for taxes: 2,947 shares
Tax-withholding price: $3.01 per share
+3 more
6 metrics
Shares acquired via RSU exercise
5,792 shares
Class A Common Stock acquired on 2026-07-15 through derivative exercise (Code M)
Shares withheld for taxes
2,947 shares
Tax-withholding disposition of Class A Common Stock on 2026-07-15 (Code F)
Tax-withholding price
$3.01 per share
Price used in the tax-withholding disposition of 2,947 shares
Direct Class A shares after transactions
11,527 shares
Direct holdings of Class A Common Stock following reported transactions
Restricted stock units outstanding
57,925 units
Restricted stock units held after derivative transaction, each for one Class A share
RSU exercise price
$0.00 per unit
Restricted Stock Units exercised at a transaction price of 0.0000
Key Terms
Restricted Stock Unit, Class A Common Stock, tax-withholding disposition, derivative security
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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
"transaction_code_description: "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.
FAQ
What insider transactions did GoodRx (GDRX) Chief Accounting Officer Thomas Chan report?
Thomas Chan reported exercising restricted stock units for 5,792 shares of Class A Common Stock and a tax-withholding disposition of 2,947 shares at $3.01 per share, all dated July 15, 2026.
What does each GoodRx (GDRX) restricted stock unit reported by Thomas Chan represent?
Each restricted stock unit reported by Thomas Chan represents a contingent right to receive one share of GoodRx Class A Common Stock, aligning his compensation with the company’s equity over time as vesting conditions are satisfied.
What is the vesting schedule for Thomas Chan’s GoodRx (GDRX) restricted stock unit award?
The restricted stock unit award vests in twelve quarterly installments, with 1/12 vesting on April 15, 2026 and on each quarterly anniversary thereafter, subject to Thomas Chan’s continued service through each vesting date.
Did Thomas Chan’s GoodRx (GDRX) Form 4 include any open-market purchases or sales?
No open-market purchases or sales were reported. Activity consisted of a derivative exercise converting restricted stock units into 5,792 shares and a tax-withholding disposition of 2,947 shares of Class A Common Stock.