Form 4: Goosehead Insurance Insider Adrienne Kebodeaux Executes Stock and Unit Conversion, Followed by Stock Sale

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, then sold 6,072 shares of Class A Common Stock at $100.05 per share.

Summary

• On October 16, 2024, Adrienne Kebodeaux converted 6,072 LLC Units and Class B Common Stock into 6,072 shares of Class A Common Stock.
• Following the conversion, Ms. Kebodeaux sold 6,072 shares of Class A Common Stock at a weighted average price of $100.05 per share, with individual sales ranging from $100.00 to $100.15.
• After these transactions, Ms. Kebodeaux directly owns 0 shares of Class A Common Stock, 331,955 LLC Units, and indirectly owns 63,530 LLC Units through the Chick and The Bear Irrevocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company insiders. It's typical for executives and directors to periodically adjust their holdings for various financial planning reasons.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the overall market sentiment.
• Transparency is increased due to the disclosure of insider transactions.

Key Dates