GeneDx Director Acquires 12,924 Shares Through RSU Vesting, Gets New Grant
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Rhea-AI Filing Summary
GeneDx Holdings Corp. (WGS) director Emily M. Leproust reported multiple transactions involving Restricted Stock Units (RSUs) on June 18, 2025:
- Acquired 3,576 new RSUs that vest at the earlier of next annual shareholder meeting or first grant anniversary
- Converted 12,924 RSUs into Class A Common Stock at $0 exercise price
- Following these transactions, directly owns 21,276 shares of Class A Common Stock and 3,576 RSUs
These transactions appear to be part of the company's director compensation program, with RSUs converting to common stock upon vesting. The RSUs represent a contingent right to receive one share of Class A Common Stock upon settlement without consideration. All transactions were reported via Form 4 filing through an attorney-in-fact on June 23, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,576 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 12,924 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12,924 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The RSUs shall vest the earlier of (a) the date of the next annual meeting of the Issuer's shareholders following the grant date, and (b) the first anniversary of the grant date, subject to the Reporting Person continuing to provide services to the Issuer through each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider trading activity occurred at GeneDx Holdings (WGS) on June 18, 2025?
What are the vesting terms for the new WGS RSUs granted to Emily Leproust?
When did Emily Leproust report this WGS stock transaction to the SEC?
AI-generated analysis. How Rhea-AI works. Not financial advice.