Form 4: SelectQuote COO William Thomas Grant III Reports Stock Transactions
SEC Form 4
William Thomas Grant III, COO of SelectQuote, Inc., reports acquisition and disposal of common stock and restricted stock units on August 1, 2024.
Summary
- On August 1, 2024, William Thomas Grant III, the Chief Operating Officer of SelectQuote, Inc., reported transactions involving the company's common stock and restricted stock units.
- Grant acquired shares through the vesting of restricted stock units, including 7,394, 9,395, 91,827, 222,222, and 27,778 shares.
- He also disposed of 125,211 shares to cover withholding taxes related to the vesting of restricted stock units at a price of $4.01 per share.
- Following these transactions, Grant directly owns 2,147,256 shares of SelectQuote common stock.
- Grant also indirectly owns shares through Mainstar Trust IRA (10,681 shares), the William Thomas Grant III Irrevocable Trust (1,150,000 shares), and Haakon Capital, LLC (1,089,369 shares).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of earliest transaction (acquisition and disposal of shares and restricted stock units). |
| 08/05/2024 | Date of signature of the report. |
| 08/01/2028 | Expiration date for some Price-Vested Restricted Stock Units. |
| 08/01/2030 | Expiration date for some Restricted Stock Units. |
| 08/01/2031 | Expiration date for some Restricted Stock Units. |
| 08/01/2032 | Expiration date for some Restricted Stock Units. |
| 09/13/2033 | Expiration date for some Restricted Stock Units. |
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