Guardian Pharmacy Services, Inc.·4

Mar 24, 4:15 PM ET

BINDLEY WILLIAM E 4

Research Summary

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Guardian Pharmacy (GRDN) 10% Owner William Bindley Sells Shares ($106M)

What Happened
William E. Bindley, identified as a 10% owner of Guardian Pharmacy Services, Inc. (GRDN), sold 3,570,677 shares of the company's Class A common stock on March 20, 2026. The shares were disposed at $29.68 each for a total transaction value of approximately $105,986,620. This was a sale (not a purchase or option exercise).

Key Details

  • Transaction date: 2026-03-20; Price: $29.68 per share; Shares sold: 3,570,677; Total ≈ $105,986,620. (Transaction code: S = Sale)
  • Footnote: Sale was made pursuant to an Underwriting Agreement dated March 18, 2026, among the issuer, selling stockholders and underwriters (BofA Securities, Inc. and Jefferies LLC).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Form filed 2026-03-24 (reporting period 2026-03-20); filing is within the standard two-business-day Form 4 window and not marked late.
  • Insider status: Bindley is reported as a 10% owner (large/controlling shareholder), not necessarily an executive trading on routine payroll-related events.

Context
The filing indicates this sale was executed as part of an underwritten offering (secondary sale by selling stockholders), which is a common mechanism for large holders to sell blocks of shares. Such underwritten dispositions are transactional and do not by themselves indicate insider sentiment about the company's near-term prospects.