Form 4: Goosehead Insurance Executive Chairman Mark Jones Reports Stock Sales and Option Exercises
SEC Form 4
Mark Evan Jones, Executive Chairman of Goosehead Insurance, reported exercising stock options and selling shares of Class A Common Stock on August 16 and August 19, 2024.
Summary
- Mark Evan Jones, Executive Chairman of Goosehead Insurance, filed a Form 4 detailing changes in beneficial ownership.
- On August 16, 2024, Jones exercised options to acquire 10,418 shares of Class A Common Stock at $10 per share and sold the same amount at a weighted average price of $85.88.
- On August 19, 2024, Jones exercised options to acquire 11,699 shares of Class A Common Stock at $10 per share.
- Also on August 19, 2024, Jones sold 7,053 shares at a weighted average price of $85.38, 4,546 shares at a weighted average price of $86.30, and 100 shares at $87.04.
- Following these transactions, Jones directly owns 39,451 shares of Class A Common Stock and 23,207 employee stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It's common for executives to exercise stock options and sell shares for personal financial management.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 04/26/2018 | Grant date of employee stock options, vesting in thirds on the second, third, and fourth anniversaries. |
| 08/16/2024 | Date of stock option exercise and sale of Class A Common Stock. |
| 08/19/2024 | Date of stock option exercise and sale of Class A Common Stock. |
| 08/20/2024 | Date of Form 4 signature. |
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