Form 4: Goosehead Insurance Executive Chairman Mark Jones Reports Stock Disposal
SEC Form 4 Filing
Mark Evan Jones, Executive Chairman of Goosehead Insurance, reported the disposal of 150,000 shares of Class A Common Stock on August 1, 2024.
Summary
- On August 1, 2024, Mark Evan Jones, the Executive Chairman of Goosehead Insurance, disposed of 150,000 shares of Class A Common Stock.
- Following the transaction, Jones directly owns 39,451 shares of Class A Common Stock and 182,349 shares of Class B Common Stock.
- Additionally, Jones indirectly owns 9,572,497 shares of Class B Common Stock through a trust.
- The reported transaction also involves LLC Units in Goosehead Financial, LLC, which can be converted into Class A Common Stock.
- The filing clarifies that the reported holdings do not include shares held by Jones' spouse, Robyn Mary Elizabeth Jones, who is also a reporting person for the issuer.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. The sentiment is neither positive nor negative as it simply reflects a change in ownership.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction could potentially influence investor sentiment, depending on the reasons behind the stock disposal.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Disposal of 150,000 shares of Class A Common Stock |
| 08/05/2024 | Date of signature on the Form 4 filing |
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