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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,462 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,462 | $0.00 | -- |
| Sale | Class A Common Stock | 1,266 | $159.28 | $202K |
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 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. Following the reported sale undertaken to satisfy tax withholding liabilities, in addition to the 5,389 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 of 120,701 shares of Class A Common Stock and options to purchase up to an aggregate of 25,906 shares of Class A Common Stock, which RSUs and options vest according to their respective terms. 6.25% of the total award vested or vests quarterly, subject to the Reporting Person's continued service to the Issuer on each vesting date, and with the first tranche vested on March 9, 2023. These RSUs do not have an expiration date; they either vest or are cancelled prior to the vesting date.
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.
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.