WGS files Form 144 to sell 500,000 Class A shares via Jefferies

Rhea-AI Filing Summary

Form 144 notice for GeneDx Holdings Corp. (symbol WGS) documents a proposed sale of 500,000 shares of Class A common stock through Jefferies LLC, with an aggregate market value of $60,451,950 and an approximate sale date of 08/22/2025 on NASDAQ. The filing states the shares were purchased from the issuer on 01/27/2023 for cash. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer. The filing does not name the selling person or provide additional context about ownership or intent.

Positive

• None.

Negative

• Proposed sale of 500,000 Class A shares is disclosed without identifying the selling individual or entity
• Filing lacks context on whether the sale is part of a trading plan (e.g., Rule 10b5-1) or ad hoc disposition

Insights

Securities Analyst

TL;DR: Filing reports a proposed sale of 500,000 Class A shares valued at $60.45M; disclosure lacks seller identity and context.

The Form 144 indicates an intended brokered sale through Jefferies LLC of 500,000 Class A shares on NASDAQ with an aggregate market value of $60,451,950. The shares were acquired from the issuer on 01/27/2023 and paid in cash. The filing does not identify the specific seller or describe whether the sale is part of a pre-arranged trading plan. For investors, the document is a straightforward notice of proposed resale activity but provides limited information to assess insider intent or potential market impact.

Compliance / Risk Analyst

TL;DR: Procedural Form 144 filing is compliant in form but omits key identifying details that would clarify regulatory posture.

The notice includes required elements: class of security, broker, number of shares, acquisition date and manner, payment type, and proposed sale date. It also contains the standard attestation regarding material nonpublic information. However, the filing as presented does not show the name of the person on whose account the sale will occur, which limits transparency. From a compliance perspective, the document meets rule-specific content but leaves open questions about aggregation of sales, trading-plan adoption, and potential 10b5-1 reliance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A common stock, par value $0.0001 per share	Jefferies LLC 520 Madison Avenue New York NY 10022	500000	60451950.00	28726248	08/22/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A common stock, par value $0.0001 per share	01/27/2023	Purchase	The shares were purchased directly from the issuer.			500000	01/27/2023	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for WGS disclose?

The filing discloses a proposed brokered sale of 500,000 Class A shares through Jefferies LLC with an aggregate market value of $60,451,950 and an approximate sale date of 08/22/2025 on NASDAQ.

When were the shares to be sold by WGS acquired?

The shares were acquired from the issuer on 01/27/2023 and paid for in cash according to the filing.

Does the Form 144 show any securities sold in the past three months for WGS?

The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker is named in the WGS Form 144?

The filing names Jefferies LLC, 520 Madison Avenue, New York, NY 10022 as the broker.

Does the Form 144 indicate any material nonpublic information?

By signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.