WGS.NASDAQGenedx Holdings CORP

Form 4: GeneDx Holdings Corp. CFO Kevin Feeley Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Kevin Feeley, CFO of GeneDx Holdings Corp., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units to cover tax obligations.

Summary

  • On March 1, 2024, Kevin Feeley, the CFO of GeneDx Holdings Corp., acquired 718 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
  • These RSUs were acquired at a price of $0.
  • On March 4, 2024, Feeley disposed of 301 shares of Class A Common Stock at a price of $8.57 per share.
  • The sale was to cover tax withholding obligations related to the vesting and settlement of RSUs.
  • Following these transactions, Feeley beneficially owns 23,452 shares of Class A Common Stock and 7,173 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
12/01/2022Commencement date for RSU vesting, with 6.25% vesting quarterly over a 4-year period.
03/01/2024Acquisition of 718 shares of Class A Common Stock through RSU vesting.
03/04/2024Sale of 301 shares of Class A Common Stock to cover tax withholding obligations.
03/05/2024Date of signature for the Form 4 filing.

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