GeneDx COO sells shares to cover RSU taxes
GeneDx Holdings Corp. Chief Operating Officer Bryan Dechairo reported RSU vesting and related share sales.
Rhea-AI Filing Summary
GeneDx Holdings Corp. Chief Operating Officer Bryan Dechairo reported RSU vesting and related share sales. On February 1, 2026, 9,374 restricted stock units converted into an equal number of Class A Common shares at $0 per share upon vesting. On February 2, 2026, he sold a total of 3,413 shares in multiple transactions at weighted average prices between $96.7676 and $100.3146 per share to cover tax withholding obligations under a “sell to cover” arrangement, described as non-discretionary. Following these transactions, he directly beneficially owned 5,961 shares of Class A Common Stock and RSUs representing contingent rights to receive up to 28,123 additional shares, vesting over time subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 93 | $96.7676 | $9K |
| Sale | Class A Common Stock | 492 | $98.6117 | $49K |
| Sale | Class A Common Stock | 1,662 | $99.3974 | $165K |
| Sale | Class A Common Stock | 1,166 | $100.3146 | $117K |
| Exercise | Restricted Stock Unit | 9,374 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 9,374 | $0.00 | $0.00 |
Footnotes (8)
- 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 sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.60 to $96.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnotes 4 through 6 of this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.895 to $98.88, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.9075 to $99.88, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.93 to $100.7675, inclusive.
- F7. Following the reported sale undertaken to satisfy tax withholding liabilities, in addition to the 5,961 shares of Class A Common Stock beneficially owned by the Reporting Person, the Reporting Person beneficially owned RSUs representing contingent rights to receive up to an aggregate 28,123 shares of Class A Common Stock, which RSUs vest according to their terms.
- F8. 1/4 of the total award vested or vests annually, subject to the Reporting Person's continued service to the Issuer on each vesting date, and with the first tranche vested on February 1, 2026. These RSUs do not have an expiration date; they either vest or are cancelled prior to the vesting date.
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