Form 4: GoHealth COO Sells Shares for Tax Obligations
Insider Transaction
GoHealth's Chief Operating Officer, Mike Hargis, disposed of 5,545 Class A Common Stock shares to cover tax withholding obligations related to RSU vesting.
Summary
- Mike Hargis, Chief Operating Officer of GoHealth, Inc. (GOCO), reported a transaction on September 12, 2025.
- The transaction involved the disposition of 5,545 shares of Class A Common Stock.
- These shares were withheld by the company to satisfy tax withholding obligations.
- The disposition was in connection with the vesting of 22,222 restricted stock units (RSUs) granted to Mr. Hargis on September 12, 2022.
- The price per share for the disposed securities was $4.98.
- Following this transaction, Mr. Hargis beneficially owns 324,993 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment towards the company's prospects.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This insider transaction is a routine event related to executive compensation and does not provide broader insights into industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction by an insider to cover tax liabilities, not a sale driven by a change in investment outlook.
Key Dates
| Date | Description |
|---|---|
| 09/12/2022 | Date when 22,222 restricted stock units (RSUs) were granted to Mike Hargis. |
| 09/12/2025 | Date of the reported transaction where shares were disposed for tax withholding. |
| 09/16/2025 | Date the Form 4 filing was signed by Bradley Burd, Attorney-in-fact for Mike Hargis. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary sale of shares by an insider to cover tax obligations upon RSU vesting. It does not provide any new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as there is no new fundamental data to alter an existing position.
Keywords
GoHealth, GOCO, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Mike Hargis
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