Form 4: Goosehead Insurance Executive Chairman Mark Jones Reports Stock Transactions
SEC Form 4 Filing
Mark Jones, Executive Chairman of Goosehead Insurance, reports the acquisition and disposal of Class A Common Stock and Employee Stock Options.
Summary
- Mark Jones, the Executive Chairman of Goosehead Insurance, filed a Form 4 detailing changes in beneficial ownership.
- On August 20, 2024, Jones acquired 200 shares of Class A Common Stock at $10 and disposed of 200 shares at $84.22.
- On August 21, 2024, Jones acquired 14,030 shares of Class A Common Stock at $10 and disposed of 14,030 shares at a weighted average price of $82.96.
- These sales occurred in multiple transactions with prices ranging from $82.57 to $83.31.
- Jones also exercised options to acquire 200 shares on August 20, 2024, and 14,030 shares on August 21, 2024, both at an exercise price of $10.
- Following these transactions, Jones directly owns 39,451 shares of Class A Common Stock and 8,977 Employee Stock Options.
- The options vest in three equal installments on the second, third, and fourth anniversaries of the grant date, April 26, 2018.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 04/26/2018 | Grant date of the employee stock options. |
| 08/20/2024 | Date of transaction involving acquisition and disposal of Class A Common Stock and exercise of employee stock options. |
| 08/21/2024 | Date of transaction involving acquisition and disposal of Class A Common Stock and exercise of employee stock options. |
| 08/22/2024 | Date of signature on the Form 4 filing. |
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