Form 4: GoHealth CFO Brendan Shanahan Receives 100,000 Shares of Restricted Stock
SEC Form 4 Filing
GoHealth's CFO, Brendan Richard Shanahan, was granted 100,000 shares of Class A Common Stock on April 1, 2025, as part of a restricted stock unit grant.
Summary
- Brendan Richard Shanahan, the Chief Financial Officer of GoHealth, Inc., received 100,000 shares of Class A Common Stock on April 1, 2025.
- These shares are part of a restricted stock unit grant.
- The restricted stock units vest in three substantially equal annual installments, with the first vesting date on April 1, 2026.
- Following the transaction, Shanahan directly owns 250,000 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine executive compensation practice, suggesting stability and alignment of interests. The sentiment is neutral to positive.
Positives
- The grant of restricted stock units aligns the CFO's interests with those of the shareholders, incentivizing long-term performance.
- The vesting schedule encourages continued service and commitment from the CFO.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.
Industry Context
Grants of restricted stock units are a common form of executive compensation in publicly traded companies, particularly in the technology and healthcare sectors. They are used to attract, retain, and incentivize key personnel.
Comparison to Industry Standards
- Executive compensation packages, including restricted stock units, vary significantly across the healthcare and technology industries.
- Companies like UnitedHealth Group (UNH) and Anthem (ANTM) also utilize stock-based compensation for their executives.
- The size and vesting schedule of the grant are typical for CFO-level executives in companies of GoHealth's size and stage of development.
Stakeholder Impact
- Shareholders may view the grant positively as it aligns executive compensation with company performance.
- Employees may see it as a sign of the company's commitment to its leadership team.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Grant of 100,000 shares of Class A Common Stock. |
| 04/01/2026 | First vesting date for the restricted stock units. |
| 04/03/2025 | Date of Form 4 filing. |
Keywords
GoHealth, GOCO, Brendan Shanahan, CFO, restricted stock units, Class A Common Stock, beneficial ownership, Form 4, insider transaction
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