GeneDx Holdings Corp. (WGS) CFO discloses RSU vesting and share sale
Rhea-AI Filing Summary
GeneDx Holdings Corp. reported that its chief financial officer completed an equity award transaction involving Class A Common Stock on 12/09/2025. The filing shows 2,462 restricted stock units were converted into an equal number of shares at $0 exercise price, reflecting the vesting of previously granted RSUs.
To cover tax withholding triggered by this vesting, the officer sold 1,266 shares at $159.28 per share in a "sell to cover" transaction, described as non-discretionary. After these transactions, the officer beneficially owned 5,389 shares of Class A Common Stock, along with RSUs representing up to 120,701 additional shares and options for up to 25,906 shares, all subject to their vesting terms.
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FAQ
What insider transaction did GeneDx Holdings (WGS) disclose in this filing?
The company disclosed that its chief financial officer had 2,462 restricted stock units vest into Class A Common Stock and sold 1,266 shares to cover tax withholding obligations.
How many GeneDx (WGS) RSUs vested and into how many shares?
A total of 2,462 restricted stock units vested, and each RSU represents a contingent right to receive 1 share of GeneDx Class A Common Stock upon settlement for no consideration.
At what price were GeneDx (WGS) shares sold to cover taxes?
The filing reports a sale of 1,266 shares of GeneDx Class A Common Stock at a price of $159.28 per share to satisfy tax withholding obligations from the RSU vesting.
How many GeneDx (WGS) shares does the officer own after the reported transactions?
Following the transactions, the reporting person beneficially owned 5,389 shares of GeneDx Class A Common Stock.
What additional equity awards does the GeneDx (WGS) officer hold after this Form 4?
In addition to 5,389 shares, the officer beneficially owned RSUs representing contingent rights to receive up to 120,701 shares and options to purchase up to 25,906 shares of Class A Common Stock, vesting according to their terms.
Was the GeneDx (WGS) insider share sale a discretionary transaction?
No. The filing states the sale was undertaken to cover tax withholding obligations via a "sell to cover" transaction and "does not represent a discretionary transaction" by the reporting person.