Form 4: GoHealth COO Mike Hargis Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
GoHealth's Chief Operating Officer, Mike Hargis, disposed of 6,435 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 21, 2024, Mike Hargis, the Chief Operating Officer of GoHealth, Inc., disposed of 6,435 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of 25,000 restricted stock units granted on March 21, 2023.
- The shares were disposed of at a price of $10.34 per share.
- Following the transaction, Hargis directly owns 160,231 shares of GoHealth's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest. The transaction itself doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Date of grant for 25,000 restricted stock units. |
| 03/21/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 03/22/2024 | Date of signature for the SEC Form 4 filing. |
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