Form 4: GoodRx Holdings Chairman Trevor Bezdek Reports Stock Transactions
SEC Form 4 Filing
Trevor Bezdek, Chairman of GoodRx Holdings, reports the conversion and disposal of Class B Common Stock into Class A Common Stock, along with related transactions.
Summary
- On March 1, 2024, Trevor Bezdek, Chairman of GoodRx Holdings, engaged in transactions involving Class A and Class B common stock.
- Bezdek converted 256,595 shares of Class B common stock into Class A common stock.
- He also disposed of 111,337 shares of Class B common stock to cover tax obligations at a price of $7.79 per share.
- Additionally, 145,258 shares of Class B common stock were converted into Class A common stock.
- Following these transactions, Bezdek directly owns 5,138,890 shares of Class A common stock and no shares of Class B common stock.
- He also holds 145,258 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance or outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding their holdings and activities. It is common for executives to convert stock and sell shares to cover tax obligations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares of Class A and Class B common stock.
- The disposal of shares to cover tax obligations is a normal part of executive compensation and does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/01/2020 | Commencement date for vesting of restricted stock units in 16 equal quarterly installments. |
| 03/01/2024 | Date of the reported transactions involving Class A and Class B common stock. |
| 09/25/2027 | Latest possible date for conversion of Class B common stock to Class A common stock. |
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