Form 4: Goosehead Insurance Executive Kebodeaux Converts and Sells Shares
SEC Form 4 Filing
Adrienne Kebodeaux, a director and member of a 10% owner group at Goosehead Insurance, converted LLC Units and Class B Common Stock into Class A Common Stock and sold a portion of these shares.
Summary
- On October 24, 2024, Adrienne Kebodeaux converted 43,928 LLC Units and an equivalent number of Class B Common Stock into Class A Common Stock.
- Concurrently, Kebodeaux sold 40,698 shares of Class A Common Stock at a weighted average price of $100.14 and 3,230 shares at a weighted average price of $101.08.
- Following these transactions, Kebodeaux directly owns 3,230 shares of Class A Common Stock and 288,027 LLC Units, and indirectly owns 63,530 LLC Units through the Chick and The Bear Irrevocable Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC Form 4 filing detailing insider transactions. The transactions themselves don't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock and future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/24/2024 | Date of conversion of LLC Units and Class B Common Stock to Class A Common Stock, and sale of Class A Common Stock. |
| 10/28/2024 | Date of signature for the Form 4 filing. |
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