Form 4: SelectQuote CFO Clement Ryan Moore Reports Stock Transactions
SEC Form 4 Filing
Clement Ryan Moore, CFO of SelectQuote, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On February 26, 2025, Clement Ryan Moore, the CFO of SelectQuote, Inc., acquired 19,634 shares of common stock through the vesting of price-vested restricted stock units (PVUs) and disposed of 8,708 shares to cover withholding taxes at a price of $4.59 per share.
- On February 28, 2025, Moore acquired 20,833 shares of common stock through the vesting of restricted stock units and disposed of 9,240 shares to cover withholding taxes at a price of $4.56 per share.
- On March 1, 2025, Moore acquired 6,235 shares of common stock through the vesting of restricted stock units and disposed of 2,766 shares to cover withholding taxes at a price of $4.56 per share.
- Following these transactions, Moore directly owns 155,467 shares of SelectQuote, Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency in insider trading.
- Similar filings are made by executives at companies like eHealth, Inc. (EHTH) and GoHealth (GOCO), which operate in the same industry as SelectQuote, Inc.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in the CFO's holdings.
- Employees holding similar stock-based compensation may be interested in the vesting and tax implications of these transactions.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Acquisition of 19,634 shares through PVU vesting and disposal of 8,708 shares for tax withholding. |
| 02/28/2025 | Acquisition of 20,833 shares through RSU vesting and disposal of 9,240 shares for tax withholding. |
| 03/01/2025 | Acquisition of 6,235 shares through RSU vesting and disposal of 2,766 shares for tax withholding. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
| 08/01/2027 | Expiration date for some of the price-vested restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.