GeneDx director exercises 3,576 RSUs, gets new grant
GeneDx Holdings Corp. director Richard C. Pfenniger Jr. reported equity compensation changes involving Class A Common Stock and restricted stock units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,248 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 3,576 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,576 | $0.00 | $0.00 |
Footnotes (3)
- 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 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.
- F3. 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
Key Terms
Restricted Stock Unit financial
Class A Common Stock financial
Exercise or conversion of derivative security financial
Grant, award, or other acquisition financial
FAQ
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What did GeneDx (WGS) director Richard C. Pfenniger Jr. report in this Form 4?
What restricted stock unit activity did GeneDx (WGS) disclose for Richard C. Pfenniger Jr.?
When do the new GeneDx (WGS) restricted stock units for Richard C. Pfenniger Jr. vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.