Stueland Katherine 4

What Happened

• Katherine Stueland, CEO of GeneDx Holdings Corp. (WGS), had 80,000 restricted stock units (RSUs) convert/settle into shares on 2026-03-26 (acquired at $0 per share). On the same date she sold 46,933 of those shares in multiple open-market transactions to satisfy tax-withholding obligations, producing total proceeds of approximately $2,964,840. The reported sales show weighted-average prices for blocks of shares ranging roughly from $60.93 to $65.61 per share.

Key Details

• Transaction date: March 26, 2026; Form 4 filed March 30, 2026 (reporting period 2026-03-26).
• Shares settled/acquired: 80,000 RSU shares at $0.00 (conversion/settlement).
• Shares sold: 46,933 shares across multiple sales; total proceeds ≈ $2,964,840.
  • Breakdown of sale blocks (weighted-average and ranges per footnotes):
    • 13,229 shares — weighted avg $61.29 (range $60.93–$61.91)
    • 5,117 shares — weighted avg $62.33 (range $61.93–$62.91)
    • 13,412 shares — weighted avg $63.28 (range $62.96–$63.955)
    • 5,292 shares — weighted avg $64.60 (range $63.99–$64.96)
    • 9,883 shares — weighted avg $65.21 (range $65.00–$65.61)
• Shares/holdings after the transactions: 91,514 shares beneficially owned outright, plus RSUs representing rights to up to 334,695 additional shares and options to purchase 107,610 shares (vest per terms).
• Notable footnotes: Sales were “sell-to-cover” transactions to satisfy tax withholding on RSU settlement (not discretionary selling). RSUs vest 25% annually with first tranche vested March 26, 2025; RSUs have no expiration (vest or cancel).
• Filing timeliness: Form shows report date 2026-03-30 for transactions on 2026-03-26 (no late-filing flag provided).

Context

• This was a routine sell-to-cover following RSU vesting/settlement (common practice): the insider converted RSUs into shares and sold a portion immediately to cover taxes. Such tax-driven disposals are generally not interpreted as a direct trading signal about the insider’s view of the company’s prospects.