GoodRx CAO converts 2,101 RSUs, withholds shares
GoodRx Holdings, Inc. (GDRX) reported that Chief Accounting Officer Thomas Chan had restricted stock units (RSUs) convert into Class A common stock on September 15, 2026.
Rhea-AI Filing Summary
GoodRx Holdings, Inc. (GDRX) reported that Chief Accounting Officer Thomas Chan had restricted stock units (RSUs) convert into Class A common stock on September 15, 2026. An award of 2,101 RSUs was exercised into 2,101 Class A shares, and 1,069 shares of Class A common stock were delivered or withheld to cover the exercise price or tax liability at $3.56 per share.
Following the RSU conversion, Chan continued to hold 12,606 RSUs directly. No transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,101 shares exercised/converted
Exercise
3 txns
Insider
Chan Thomas (TC)
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 2,101 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 2,101 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 1,069 | $3.56 | $4K |
Holdings After Transaction:
Restricted Stock Unit — 12,606 contracts (Direct);
Class A Common Stock — 14,578 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
- F2. This restricted stock units award vests with respect to 1/16 of the award in quarterly installments on June 15, 2024 and on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through each applicable vesting date.
Key Figures
RSUs exercised: 2,101 restricted stock units
Class A shares acquired: 2,101 shares
Shares delivered or withheld: 1,069 shares
+3 more
6 metrics
RSUs exercised
2,101 restricted stock units
Converted into Class A common stock on September 15, 2026
Class A shares acquired
2,101 shares
Received upon RSU conversion on September 15, 2026
Shares delivered or withheld
1,069 shares
Used for payment of exercise price or tax liability at $3.56 per share
Per-share amount for exercise price or tax liability
$3.56 per share
Applied to 1,069 shares of Class A common stock
RSUs held after transaction
12,606 restricted stock units
Directly held following the September 15, 2026 RSU conversion
RSU vesting fraction
1/16 of the award
Vests in quarterly installments starting June 15, 2024
Key Terms
Restricted Stock Unit, Class A Common Stock, tax liability, vesting
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.
Class A Common Stock financial
"one share of 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 liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
vesting financial
"award vests with respect to 1/16 of the award in quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GoodRx (GDRX) report for Thomas Chan on September 15, 2026?
GoodRx reported that Thomas Chan had 2,101 restricted stock units convert into 2,101 shares of Class A common stock, with a related disposition of 1,069 shares of Class A common stock delivered or withheld to cover the exercise price or tax liability.
How many GoodRx (GDRX) RSUs does Thomas Chan hold after this Form 4 event?
After the reported transactions, Thomas Chan directly held 12,606 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of GoodRx Class A common stock, subject to vesting conditions.
Were Thomas Chan’s GoodRx (GDRX) transactions made under a Rule 10b5-1 trading plan?
The filing indicates that no Rule 10b5-1 plan is reported for these transactions, as the document-level 10b5-1 checkbox is not marked as being pursuant to such a plan.
What position does Thomas Chan hold at GoodRx (GDRX) according to this Form 4?
Thomas Chan is identified as the Chief Accounting Officer of GoodRx Holdings, Inc. in the Form 4 reporting these RSU conversions and related share withholdings.
How do Thomas Chan’s GoodRx (GDRX) RSUs vest over time?
The award vests with respect to 1/16 of the RSUs in quarterly installments, beginning on June 15, 2024 and on each quarterly anniversary thereafter, subject to his continued service through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
