[Form 4] GoHealth, Inc. Insider Trading Activity
Kotte Vijay, identified as a director and Chief Executive Officer of GoHealth, Inc. (GOCO), was granted 218,551 restricted stock units on 08/07/2025 under a First Amendment to his employment agreement. The restricted stock units vest in three annual installments, with the first installment vesting on 08/07/2026. Following the reported transaction, the filing shows beneficial ownership of 1,347,396 shares of Class A common stock, which includes 1,798 shares purchased under the company’s Employee Stock Purchase Plan on 06/30/2025. The filing also corrects prior disclosures by reducing previously reported holdings by 94,444 shares that were subject to unmet performance conditions.
- CEO equity grant disclosed: Reporting Person was granted 218,551 restricted stock units under an employment amendment.
- Ownership correction made: Prior overstatement was reduced by 94,444 shares, improving accuracy of insider holdings.
- ESPP participation: Filing notes 1,798 shares purchased under the Employee Stock Purchase Plan on 06/30/2025.
- Prior reporting error: Earlier Form 4s overstated beneficial ownership by 94,444 shares due to unmet performance conditions.
- Restricted stock units not immediately available: The 218,551 RSUs vest in three annual installments with the first vesting on 08/07/2026, so they are not presently transferable.
Insights
TL;DR: CEO granted 218,551 RSUs with multi-year vesting; prior Form 4s were corrected for a 94,444-share overstatement.
The grant formalizes equity compensation under an employment amendment and is structured with three annual vesting installments, aligning compensation timing with future service or performance periods. The filing's explicit correction of a 94,444-share overstatement improves disclosure accuracy but raises questions about prior reporting controls. Overall, this is a routine executive compensation disclosure with governance implications tied to the corrected historical reporting.
TL;DR: 218,551 RSUs awarded to the CEO, not immediately vested; includes ESPP purchase and a correction to prior ownership figures.
From a pay-structure perspective, the award is delivered as restricted stock units priced at $0 and scheduled to vest over three years, which delays economic benefit to the recipient. The inclusion of 1,798 ESPP shares is immaterial in size but is disclosed. The corrected reduction of 94,444 shares indicates previous performance conditions were not met and were appropriately removed from outstanding beneficial holdings.