GeneDx CFO Kevin Feeley Sells $227,000 in Shares to Cover Tax Obligations

Earnings
โดย The Motley Fool·Read original
Summary · why it matters

GeneDx Chief Financial Officer Kevin Feeley sold 3,729 shares of Class A Common Stock for approximately $227,000 on June 16, 2026, in a transaction tied to the vesting of restricted stock units rather than a discretionary sale. The sale, executed at a weighted average price of $60.77, represented 8.54% of Feeley's direct Class A holdings, leaving him with 39,954 shares directly and 21,590 Restricted Stock Units. GeneDx reported first-quarter revenue of $102.3 million, up 17% year over year, but lowered its full-year revenue guidance to a top range of $490 million from $555 million. Shares have fallen roughly 27% over the past year, and the company's market capitalization stands at $1.65 billion.

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Biotech & Genomic Medicine · 1 stocks
GeneDx Holdings Corp.
WGS
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Lowered full-year revenue guidance to top range of $490M from $555M, indicating weaker outlook.

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