Form 4: GoodRx Holdings Executive Douglas Hirsch Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Douglas Joseph Hirsch, Chief Mission Officer at GoodRx Holdings, reported the acquisition and disposal of Class A and Class B common stock on June 1, 2024.

Summary

  • On June 1, 2024, Douglas Joseph Hirsch, Chief Mission Officer of GoodRx Holdings, engaged in transactions involving the company's stock.
  • Hirsch acquired 126,552 shares of Class A Common Stock at $0 per share.
  • Following these transactions, Hirsch directly owns 5,265,442 shares of Class A Common Stock.
  • He also reported transactions involving Restricted Stock Units and Class B Common Stock, convertible into Class A Common Stock.
  • These transactions included the conversion of 256,594 Restricted Stock Units into Class B Common Stock, then into Class A Common Stock, and the disposal of 130,042 Class B Common Stock for Class A Common Stock at a price of $7.87.
  • Additionally, 126,552 Class B Common Stock were converted into Class A Common Stock at $0.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding the insider activity of a key executive.

Key Dates

DateDescription
September 1, 2020Commencement date for the vesting of restricted stock units in 16 equal quarterly installments.
September 25, 2027Latest date for conversion of Class B common stock to Class A common stock.
June 1, 2024Date of the reported stock transactions.
June 3, 2024Date of signature for the Form 4 filing.

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