Guardian Pharmacy holder converts 1.41M shares
Guardian Pharmacy Services, Inc. investor Pharmacy Investors, LLC converted derivative holdings into common stock.
Rhea-AI Filing Summary
Guardian Pharmacy Services, Inc. investor Pharmacy Investors, LLC converted derivative holdings into common stock. On March 28, 2026, it exercised a derivative position covering 1,413,939 shares of Class B common stock, receiving 1,413,939 shares of Class A common stock at a stated exercise price of $0.00 per share. The company’s charter provides that the Class B shares automatically convert into Class A shares on a one-for-one basis in substantially equal tranches on March 28, 2026 and September 27, 2026. Following this transaction, Pharmacy Investors, LLC directly holds 2,449,867 shares of Class A common stock. No open derivative position remains disclosed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,413,939 shares exercised/converted
Exercise
2 txns
Insider
Pharmacy Investors, LLC
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class B Common Stock | 1,413,939 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,413,939 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 1,413,939 contracts (Direct);
Class A Common Stock — 2,449,867 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the Reporting Person's shares of Class B common stock automatically convert into shares of the Issuer's Class A common stock, on a one-for-one basis, in substantially equal tranches on each of March 28, 2026 and September 27, 2026.
Key Figures
Derivative shares converted: 1,413,939 shares
Class A shares received: 1,413,939 shares
Exercise/conversion price: $0.00 per share
+2 more
5 metrics
Derivative shares converted
1,413,939 shares
Class B common stock converted on March 28, 2026
Class A shares received
1,413,939 shares
Issued to Pharmacy Investors, LLC via conversion
Exercise/conversion price
$0.00 per share
Stated price for derivative exercise/conversion
Class A shares after transaction
2,449,867 shares
Pharmacy Investors, LLC direct holdings post-transaction
Derivative exercises in filing
1 transaction, 1,413,939 shares
transactionSummary exerciseCount and exerciseShares
Key Terms
Class B common stock, Class A common stock, Amended and Restated Certificate of Incorporation, automatic convert, +1 more
5 terms
Class B common stock financial
"the Reporting Person's shares of Class B common stock automatically convert"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Class A common stock financial
"convert into shares of the Issuer's Class A common stock, on a one-for-one basis"
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.
Amended and Restated Certificate of Incorporation regulatory
"Pursuant to the Issuer's Amended and Restated Certificate of Incorporation"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
automatic convert financial
"shares of Class B common stock automatically convert into shares of the Issuer's Class A common stock"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pharmacy Investors, LLC report for GRDN?
Pharmacy Investors, LLC reported exercising a derivative tied to 1,413,939 shares of Class B common stock, converting them into 1,413,939 shares of Class A common stock at a stated price of $0.00 per share, as part of Guardian Pharmacy Services’ chartered conversion terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
