John Ackerman - 28 Mar 2025 Form 4 Insider Report for Guardian Pharmacy Services, Inc. (GRDN)

Role: Director
Signature: /s/ Douglas Towns, Attorney-in-Fact
Issuer symbol: GRDN
Transactions as of: 28 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 01 Apr 2025, 16:15:14 UTC
Previous filing: 01 Oct 2024
Next filing: 29 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRDN	Class A Common Stock	Options Exercise		+1,413,940			1,413,940	28 Mar 2025	By Pharmacy Investors, LLC	F1
transaction	GRDN	Class A Common Stock	Options Exercise		+471,057			471,057	28 Mar 2025	By Cardinal Equity Fund, L.P.	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GRDN	Class B Common Stock	Options Exercise		-1,413,940	-25%		4,241,818	28 Mar 2025	Class A Common Stock	1,413,940		By Pharmacy Investors, LLC	F1
transaction	GRDN	Class B Common Stock	Options Exercise		-471,057	-25%		1,413,171	28 Mar 2025	Class A Common Stock	471,057		By Cardinal Equity Fund, L.P.	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to Guardian Pharmacy Services, Inc.'s (the "Issuer") Amended and Restated Certificate of Incorporation, the Reporting Person's shares of Class B common stock automatically convert into shares of the Issuer's Class A common stock, on a one-for-one basis, in four substantially equal tranches on each of March 28, 2025, September 27, 2025, March 28, 2026 and September 27, 2026.