GeneDx (WGS) CEO uses share sale to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GeneDx Holdings Corp.'s chief executive officer Katherine Stueland reported routine equity activity tied to restricted stock units. On January 29, 2026 she settled 3,874 RSUs into the same number of Class A common shares for no cash cost, then sold 1,653 shares at a weighted average price of $93.9957 to cover tax withholding obligations through a non‑discretionary “sell to cover” transaction. After these moves she directly owned 16,458 Class A shares, along with RSUs representing contingent rights to receive up to 411,494 additional shares and options to purchase up to 107,610 shares, which vest according to their existing schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,653 shares ($155,375)
Net Sell
3 txns
Insider
Stueland Katherine
Role
CHIEF EXECUTIVE OFFICER
Sold
1,653 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,874 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,874 | $0.00 | -- |
| Sale | Class A Common Stock | 1,653 | $93.9957 | $155K |
Holdings After Transaction:
Restricted Stock Unit — 3,874 shares (Direct);
Class A Common Stock — 18,111 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.53 to $94.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Following the reported sale undertaken to satisfy tax withholding liabilities, in addition to the 16,458 shares of Class A Common Stock beneficially owned by the Reporting Person, the Reporting Person beneficially owned RSUs representing contingent rights to receive up to an aggregate of 411,494 shares of Class A Common Stock and options to purchase up to an aggregate of 107,610 shares of Class A Common Stock, which RSUs and options vest according to their respective terms. 25% of the total award vested on each of April 29, 2023 and April 29, 2024, and an additional 6.25% of the total award vested or vests thereafter on each quarterly anniversary, subject to the Reporting Person's continued service to the Issuer on each vesting date, with the last tranche scheduled to vest on April 29, 2026. These RSUs do not have an expiration date; they either vest or are cancelled prior to the vesting date.
FAQ
What insider transaction did WGS CEO Katherine Stueland report?
Katherine Stueland reported settling 3,874 restricted stock units into Class A common shares, then selling 1,653 shares. The sales were executed on January 29, 2026 and were tied to covering tax withholding obligations from the RSU vesting, rather than a discretionary share sale.
What are the key details of the WGS CEO’s RSU vesting schedule?
For this RSU award, 25% vested on April 29, 2023 and another 25% on April 29, 2024. An additional 6.25% vests on each quarterly anniversary thereafter, subject to continued service, with the final tranche scheduled to vest on April 29, 2026 if service conditions are met.
What does each GeneDx (WGS) RSU represent for the CEO?
Each restricted stock unit represents a contingent right to receive one share of GeneDx Holdings’ Class A Common Stock upon settlement for no cash consideration. The units either vest on their scheduled dates, delivering shares, or are cancelled if vesting conditions are not satisfied beforehand.