GeneDx CFO sells shares to cover RSU taxes
GeneDx Holdings Corp. Chief Financial Officer Kevin Feeley reported both an RSU vesting and a small tax-related stock sale.
Rhea-AI Filing Summary
GeneDx Holdings Corp. Chief Financial Officer Kevin Feeley reported both an RSU vesting and a small tax-related stock sale. On March 1, 2026, 718 restricted stock units were settled, converting into 718 shares of Class A common stock for no cash cost.
On March 2, 2026, Feeley sold 287 Class A shares in an open-market transaction solely to cover tax withholding from the RSU vesting, at a weighted average price of $77.5187 per share, with individual trades ranging from $76.99 to $77.53. After these transactions, he beneficially owned 9,599 Class A shares, RSUs representing up to 112,032 additional shares, and options to purchase up to 25,906 shares, which vest quarterly at 6.25% of the total award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 287 | $77.5187 | $22K |
| Exercise | Restricted Stock Unit | 718 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 718 | $0.00 | $0.00 |
Footnotes (5)
- 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 $76.99 to $77.53, 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 range set forth in this footnote.
- F4. Following the reported sale undertaken to satisfy tax withholding liabilities, in addition to the 9,599 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 112,032 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.
- F5. 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 December 1, 2022. These RSUs do not have an expiration date; they either vest or are cancelled prior to the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GeneDx (WGS) CFO Kevin Feeley report?
Was the GeneDx (WGS) CFO’s stock sale a discretionary transaction?
What RSU activity did the GeneDx (WGS) CFO report on this Form 4?
What are Kevin Feeley’s GeneDx (WGS) equity holdings after these transactions?
How do the GeneDx (WGS) CFO’s RSUs vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.