GeneDx Board Member Increases Stake to 154,000 Shares Through Vesting Awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Jason Ryan of GeneDx Holdings reported multiple transactions in Class A Common Stock on June 18, 2025:
- Acquired 12,924 shares through the conversion of Restricted Stock Units (RSUs) at $0 cost, resulting in direct ownership of 13,054 shares
- Received a new grant of 3,576 RSUs that will vest at the earlier of next annual shareholder meeting or first grant anniversary
- Maintains indirect ownership of 141,356 shares through the Jason Ryan 2024 GRAT
The RSUs represent a contingent right to receive one share of Class A Common Stock upon settlement without consideration. The filing demonstrates continued equity-based compensation for board service and significant insider ownership through both direct holdings and a grantor retained annuity trust structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,924 shares exercised/converted
Mixed
4 txns
Insider
Ryan Jason
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,576 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 12,924 | $0.00 | -- |
| Exercise | Class A Common Stock | 12,924 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,576 shares (Direct);
Class A Common Stock — 13,054 shares (Direct);
Class A Common Stock — 141,356 shares (Indirect, By Jason Ryan 2024 GRAT)
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 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
What are the vesting terms for the new WGS RSUs granted to Jason Ryan?
The RSUs will vest at the earlier of: (a) the date of the next annual meeting of WGS shareholders following the grant date, or (b) the first anniversary of the grant date, subject to Ryan continuing to provide services to GeneDx Holdings Corp.