GOCO Form 4: COO Mike Hargis withholds 5,545 shares from RSU vesting
Rhea-AI Filing Summary
GoHealth insider tax-withholding sale tied to RSU vesting. Mike Hargis, the company's Chief Operating Officer, reported a sale of 5,545 shares of Class A common stock on 09/12/2025 at a price of $4.98 per share. The filing states these shares were withheld by the company to satisfy tax withholding obligations related to the vesting of 22,222 restricted stock units granted on 09/12/2022. After the withholding, Hargis beneficially owns 324,993 shares directly. The form indicates the transaction was reported by a single reporting person and executed through an attorney-in-fact.
Positive
- Continued ownership: Reporting person retains 324,993 direct shares after withholding, indicating ongoing insider alignment with shareholder interests
- Clear disclosure: Transaction is documented as a tax-withholding from the vesting of 22,222 RSUs, showing compliance with reporting requirements
Negative
- None.
Insights
TL;DR: Routine insider withholding, not an active market sale; minimal informational impact on GoHealth's outlook.
The reported 5,545-share disposition is identified as a tax-withholding event tied to RSU vesting rather than a discretionary open-market sale. The per-share price of $4.98 reflects the withholding calculation, and the reporting person continues to hold a material equity position of 324,993 shares. For investors, this transaction is procedural and does not provide new operational or financial signal about GoHealth's performance.
TL;DR: Standard compliance disclosure; demonstrates adherence to Section 16 reporting and tax withholding processes.
The filing documents proper disclosure of a withholding event following RSU vesting, showing governance processes functioning as expected. The reporting person is identified as the Chief Operating Officer, and the transaction is categorized under Code F, consistent with company-forced share transfers for tax obligations. This is a routine governance matter with no indication of unusual insider trading behavior.