Form 4: Goosehead Insurance Director Waded Cruzado Exercises Stock Options
SEC Form 4 Filing
Director Waded Cruzado exercised stock options to acquire 300 shares of Goosehead Insurance, Inc. at a price of $58 per share.
Summary
- On May 2, 2024, Waded Cruzado, a director of Goosehead Insurance, Inc., exercised stock options to acquire 300 shares of Class A Common Stock at $58 per share.
- Following the transaction, Cruzado directly owns 643 shares of Class A Common Stock.
- Cruzado also holds options to purchase 14,700 additional shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard insider transaction. The exercise of options can be seen as a positive signal, but it's not a major event.
Positives
- The exercise of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/02/2023 | Grant date of the stock options, vesting in installments over three years. |
| 05/02/2024 | Date of transaction: Director exercised stock options. |
| 05/02/2033 | Expiration date of the stock options. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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