GeneDx president granted 35,441 RSUs in stock award
GeneDx Holdings Corp.'s President, Mark A. Gardner, received a grant of 35,441 restricted stock units (RSUs) tied to the company’s Class A common stock.
Rhea-AI Filing Summary
GeneDx Holdings Corp.'s President, Mark A. Gardner, received a grant of 35,441 restricted stock units (RSUs) tied to the company’s Class A common stock. Each RSU converts into one share for no cash payment when it settles, making this a compensation award rather than a market purchase.
The award vests in stages, with 25% of the RSUs vesting each July 1, starting on July 1, 2027, as long as Gardner continues serving the company through each vesting date. After this grant, his reported derivative holdings from this award total 35,441 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 35,441 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration.
- F2. The award shall vest as to 25% of the total award annually each July 1, with the first tranche vesting on July 1, 2027, subject to the Reporting Person's continued service to the Issuer through each vesting date. These restricted stock units 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
vesting financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GeneDx (WGS) report for President Mark A. Gardner?
How many restricted stock units did WGS President Mark A. Gardner receive?
What are the vesting terms of Mark A. Gardner’s RSU award at GeneDx (WGS)?
Does Mark A. Gardner pay cash for the GeneDx (WGS) RSUs he received?
Is the RSU grant to Mark A. Gardner at GeneDx (WGS) a market signal of buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.