Amended Form 4: GeneDx CFO Acquires 7,197 RSUs, Ownership 12,483 Shares
Rhea-AI Filing Summary
Kevin Feeley, the Chief Financial Officer of GeneDx Holdings Corp. amended a Form 4 to correct a typographical error and to report the vesting and acquisition of restricted stock units. The amendment clarifies that on 09/16/2025 Mr. Feeley acquired 7,197 restricted stock units, each convertible into one share of Class A common stock for no consideration, increasing his beneficial ownership to 12,483 shares.
The filing notes the original Form 4 filed on 09/18/2025 incorrectly showed a disposition code where an acquisition code was intended; no other line items were changed. The amendment is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Correction of disclosure improves regulatory accuracy by aligning the transaction code with the actual RSU vesting event.
- Insider acquisition of 7,197 RSUs increases the reporting person’s beneficial ownership to 12,483 shares, reflecting insider alignment with the company.
Negative
- None.
Insights
TL;DR: Amendment corrects a clerical error and confirms an acquisition of 7,197 RSUs, modestly increasing insider ownership.
The amendment does not introduce new economic events beyond the previously disclosed RSU vesting on 09/16/2025. It clarifies the transaction code as an acquisition, which aligns the record with the underlying vesting event and the reported post-transaction beneficial ownership of 12,483 Class A shares. For investors, this is an administrative correction rather than a change in economic exposure. The transaction price is reported as $0, consistent with RSU settlement mechanics.
TL;DR: Correction improves disclosure accuracy; no substantive governance concern evident from the amendment.
The amendment addresses a typographical error in the original Form 4 where a disposition code was mistakenly used. Accurate Section 16 reporting is important for transparency; correcting the code to acquisition ensures regulatory records match the actual vesting event and beneficial ownership schedule. The filing was executed via attorney-in-fact, which is common practice for insiders and is properly signed.