Form 4: Goosehead Insurance Executives Report Stock Sales and Conversions

Sentiment:

SEC Form 4


Executives and related trusts of Goosehead Insurance, Inc. report transactions involving Class A and Class B common stock, including sales and conversions from LLC Units.

Summary

  • Mark Evan Jones, Robyn Mary Elizabeth Jones, and the Mark & Robyn Jones Descendants Trust 2014 reported transactions in Goosehead Insurance, Inc. stock.
  • The transactions included conversions of LLC Units into Class A Common Stock and sales of Class A Common Stock.
  • Sales occurred on March 5th and 6th, 2025, at prices ranging from $120.06 to $124.46 per share.
  • The reported transactions reflect both direct and indirect ownership by the reporting persons.
  • The Mark & Robyn Jones Descendants Trust 2014 converted 19,600 LLC Units to Class A Common Stock on March 5th and 8,761 LLC Units to Class A Common Stock on March 6th.
  • The trust also sold 17,600 shares of Class A Common Stock on March 5th and 8,761 shares on March 6th.
  • Mark Evan Jones directly holds 38,951 shares of Class A Common Stock and 182,349 shares of Class B Common Stock.
  • Robyn Mary Elizabeth Jones directly holds 163,565 shares of Class A Common Stock and 132,349 shares of Class B Common Stock.
  • The Mark & Robyn Jones Descendants Trust 2014 indirectly holds 1,766,355 shares of Class B Common Stock through a trust.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions. The sentiment is neither positive nor negative as it reflects routine insider activity.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

  • The stock sales by insiders could be perceived negatively by some shareholders, potentially leading to downward pressure on the stock price.
  • However, the conversions of LLC Units to Class A Common Stock could be seen as a neutral event, as it simply changes the form of ownership.

Key Dates

DateDescription
03/05/2025Date of multiple transactions including conversion of LLC Units to Class A Common Stock and sales of Class A Common Stock.
03/06/2025Date of multiple transactions including conversion of LLC Units to Class A Common Stock and sales of Class A Common Stock.
03/07/2025Date of signature for the Form 4 filings by John O'Connor, as Attorney-in-Fact for Mark Evan Jones, Robyn Mary Elizabeth Jones, and Mark & Robyn Jones Descendants Trust 2014.

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