GeneDx (WGS) director adds 3,576 shares and 4,248 new RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GeneDx Holdings Corp. director Richard C. Pfenniger Jr. reported equity compensation changes involving Class A Common Stock and restricted stock units. He exercised 3,576 restricted stock units into the same number of Class A shares, increasing his direct holdings to 45,082 shares after the transaction.
On the same date, he received a new grant of 4,248 restricted stock units, each representing a right to one share of Class A Common Stock for no cash consideration. According to the terms, the new RSU award vests in full on the earlier of the 2027 annual stockholders’ meeting or the first anniversary of the grant date, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,576 shares exercised/converted
Mixed
3 txns
Insider
PFENNIGER RICHARD C JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,248 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,576 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,576 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,248 shares (Direct, null);
Class A Common Stock — 45,082 shares (Direct, null)
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 entire award shall vest on the earlier of the (i) date of the 2027 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. 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.
Key Figures
RSUs exercised: 3,576 units
New RSU grant: 4,248 units
Shares held after exercise: 45,082 shares
+2 more
5 metrics
RSUs exercised
3,576 units
Converted into 3,576 shares of Class A Common Stock
New RSU grant
4,248 units
New restricted stock unit award linked to Class A Common Stock
Shares held after exercise
45,082 shares
Class A Common Stock directly owned following the transactions
Exercise transactions
1 transaction, 3,576 shares
Exercise or conversion of derivative security on 2026-06-18
Compensation acquisitions
3 acquire-type entries
All reported transactions classified as acquisitions on 2026-06-18
Key Terms
Restricted Stock Unit, Class A Common Stock, Exercise or conversion of derivative security, Grant, award, or other acquisition
4 terms
Restricted Stock Unit financial
"The entire award shall vest on the earlier of the (i) date of the 2027 annual meeting of the Issuer's stockholders..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did GeneDx (WGS) director Richard C. Pfenniger Jr. report in this Form 4?
He reported routine equity compensation activity, exercising 3,576 restricted stock units into Class A Common Stock and receiving a new grant of 4,248 restricted stock units, all held directly as part of his director compensation at GeneDx Holdings Corp.
What restricted stock unit activity did GeneDx (WGS) disclose for Richard C. Pfenniger Jr.?
He exercised 3,576 restricted stock units into 3,576 Class A Common shares and received a new grant of 4,248 restricted stock units. Each RSU represents a contingent right to one share for no cash consideration upon settlement, if the vesting conditions are satisfied.
When do the new GeneDx (WGS) restricted stock units for Richard C. Pfenniger Jr. vest?
The entire new RSU award vests on the earlier of the 2027 annual meeting of GeneDx stockholders or the first anniversary of the grant date. Vesting requires his continued service to the company through that vesting date, otherwise units may be cancelled.