Form 4: SelectQuote COO William Thomas Grant III Reports Significant Share Acquisition Through Inheritance

SelectQuote, Inc.'s Chief Operating Officer, William Thomas Grant III, reported the acquisition of 448,474 shares of common stock on July 1, 2025, through inheritance.

Summary

• William Thomas Grant III, Chief Operating Officer of SelectQuote, Inc. (SLQT), reported a change in beneficial ownership.
• On July 1, 2025, Mr. Grant acquired 448,474 shares of SelectQuote, Inc. Common Stock, par value $0.01 per share.
• This acquisition occurred by the laws of descent and distribution upon the passing of his father, William Thomas Grant II.
• Following this transaction, Mr. Grant's total beneficial ownership stands at 2,672,050 shares held directly.
• Additionally, Mr. Grant beneficially owns 1,150,000 shares indirectly as Trustee for the William Thomas Grant III Irrevocable Trust.
• He also indirectly owns 1,089,369 shares through Haakon Capital, LLC, an investment company in which he holds a one-third ownership stake, though he disclaims beneficial ownership except to the extent of his pecuniary interest.
• An additional 10,681 shares are indirectly owned through a Mainstar Trust IRA.

Sentiment

Score: 5

Explanation: The document is a factual report of an insider's change in beneficial ownership due to inheritance, with no positive or negative operational or financial implications for the company itself.

Positives

• The acquisition of 448,474 shares increases the Chief Operating Officer's beneficial ownership, which can be viewed as a positive signal of alignment between management and shareholder interests.

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Acquisition of 448,474 shares from William Thomas Grant II (father) via laws of descent and distribution.
• Indirect beneficial ownership of 1,150,000 shares through the William Thomas Grant III Irrevocable Trust, where Mr. Grant serves as Trustee.
• Indirect beneficial ownership of 1,089,369 shares through Haakon Capital, LLC, an investment company in which Mr. Grant owns a one-third ownership stake.

Stakeholder Impact

• Shareholders: The increase in the Chief Operating Officer's beneficial ownership may be viewed positively as it further aligns management's interests with those of the shareholders.

Key Dates

Keywords

SelectQuote, SLQT, Form 4, Insider Transaction, Beneficial Ownership, Common Stock, COO, William Thomas Grant III, Inheritance