GeneDx (WGS) director Jason Ryan converts 3,576 RSUs and discloses 118,764 shares
Rhea-AI Filing Summary
GeneDx Holdings Corp. director Jason Ryan reported an equity award vesting and related share movements. He exercised 3,576 restricted stock units into 3,576 shares of Class A common stock at no cost, increasing his direct holdings to 15,480 shares. He also reports indirect ownership of 103,284 shares held by the Jason Ryan 2024 GRAT, where he serves as trustee and sole annuitant. The RSUs represent a right to receive one share each upon settlement, with vesting tied to the 2026 annual shareholder meeting or the first anniversary of the grant date, subject to continued service.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and exercise with no open-market buying or selling.
Director Jason Ryan converted 3,576 restricted stock units into the same number of GeneDx Holdings Corp. Class A shares at a price of $0.00 per share. This is a standard compensation-related equity settlement, not a market trade.
Following the transaction, he holds 15,480 shares directly and 103,284 shares indirectly through the Jason Ryan 2024 GRAT, where he is trustee and sole annuitant. With 0% net buy/sell activity reported and no remaining derivative position shown, the filing reflects routine equity vesting rather than a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,576 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,576 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 securities in this row are held directly by the Jason Ryan 2024 GRAT U/A DTD 11/7/2024, of which the Reporting Person is trustee and sole annuitant. The entire award vested or vests on the earlier of the: (i) date of the 2026 annual meeting of the Issuer's stockholders, or (ii) first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer through the vesting date. These RSUs do not have an expiration date; they either vest or are cancelled prior to the vesting date.