Form 4: GoodRx Holdings Chairman Trevor Bezdek Transfers Shares to GRATs

Trevor Bezdek, Chairman of GoodRx Holdings, reports the transfer of Class A Common Stock to Grantor Retained Annuity Trusts (GRATs) and a transfer by his spouse.

Summary

• Trevor Bezdek, Chairman of GoodRx Holdings, filed a Form 4 detailing changes in beneficial ownership.
• On June 7, 2024, there was a transaction involving 2,632,721 shares of Class A Common Stock.
• On June 10, 2024, Jana Bezdek, Trevor Bezdek's spouse, contributed 2,632,721 shares to the JB 2024 GRAT, for which she serves as the sole trustee and annuitant.
• Also on June 10, 2024, Trevor Bezdek contributed 2,632,721 shares to the TB 2024 GRAT, for which he serves as the sole trustee and annuitant.
• These transfers to GRATs are reported as gifts and are exempt from reporting pursuant to Rule 16a-13.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to changes in beneficial ownership, with no inherent positive or negative sentiment.

Industry Context

The use of GRATs is a common estate planning technique employed by high-net-worth individuals to transfer assets while minimizing gift and estate taxes.

Related Party Transactions

• The contribution of shares to the JB 2024 GRAT by Jana Bezdek, spouse of Trevor Bezdek, is a related party transaction.
• The contribution of shares to the TB 2024 GRAT by Trevor Bezdek is a related party transaction.

Stakeholder Impact

• The transactions themselves are unlikely to have a direct impact on stakeholders.
• However, significant changes in ownership structure could be of interest to shareholders.

Key Dates