GoHealth CFO equity canceled in Chapter 11 plan
GoHealth, Inc. Chief Financial Officer Brendan Richard Shanahan reported a disposition to the issuer of 237,275 shares of Class A common stock on July 21, 2026, when a prepackaged Chapter 11 plan became effective and cancelled all existing equity.
Rhea-AI Filing Summary
GoHealth, Inc. Chief Financial Officer Brendan Richard Shanahan reported a disposition to the issuer of 237,275 shares of Class A common stock on July 21, 2026, when a prepackaged Chapter 11 plan became effective and cancelled all existing equity.
As a result, he holds no Class A shares, and together with other equity holders is entitled to a pro rata share of an approximately $10.3 million cash equity recovery pool.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 237,275 shares
Disposition
1 txn
Insider
Shanahan Brendan Richard
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock F1, F2 | 237,275 | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. On June 7, 2026, GoHealth, Inc. (the "Issuer"), GoHealth Holdings, LLC and certain of their direct and indirect subsidiaries filed voluntary petitions commencing cases under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware to implement a prepackaged Chapter 11 plan of reorganization (the "Plan"). The Plan became effective on July 21, 2026 (the "Effective Date"). Pursuant to the Plan, on the Effective Date, all of the Issuer's Class A common stock together with any shares of restricted stock, restricted stock units, or any other right to receive equity in the Issuer, in each case, outstanding immediately prior to the Effective Date, were cancelled, discharged and are of no force and effect.
- F2. Pursuant to the Plan, the holders of Class A common stock and other Allowed GoHealth Holding Interests (as defined in the Plan), including the reporting person, are entitled to receive their pro rata share of an approximately $10.3 million cash equity recovery pool.
Key Figures
Shares disposed: 237,275 shares
Post-transaction holdings: 0 shares
Cash equity recovery pool: $10.3 million
+2 more
5 metrics
Shares disposed
237,275 shares
Class A common stock canceled on July 21, 2026 pursuant to a Chapter 11 plan
Post-transaction holdings
0 shares
Class A common stock directly owned by the CFO after the plan’s effective date
Cash equity recovery pool
$10.3 million
Aggregate cash pool for holders of Class A common stock and other Allowed GoHealth Holding Interests
Chapter 11 petition date
June 7, 2026
Date voluntary Chapter 11 petitions were filed in the U.S. Bankruptcy Court for the District of Delaware
Plan effective date
July 21, 2026
Date the prepackaged Chapter 11 plan became effective and all existing equity was canceled
Key Terms
prepackaged Chapter 11 plan of reorganization, Allowed GoHealth Holding Interests, cash equity recovery pool
3 terms
prepackaged Chapter 11 plan of reorganization regulatory
"to implement a prepackaged Chapter 11 plan of reorganization"
Allowed GoHealth Holding Interests regulatory
"holders of Class A common stock and other Allowed GoHealth Holding Interests"
cash equity recovery pool financial
"pro rata share of an approximately $10.3 million cash equity recovery pool"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GoHealth (GOCOQ)'s CFO report?
GoHealth CFO Brendan Shanahan reported a disposition of 237,275 Class A shares to the issuer when a prepackaged Chapter 11 plan canceled all existing equity, leaving him with no remaining Class A holdings after the effective date.
How does GoHealth (GOCOQ)'s Chapter 11 plan affect existing Class A common stock?
Under the prepackaged Chapter 11 plan, all Class A common stock, restricted stock, RSUs and similar rights were canceled and discharged on July 21, 2026, meaning prior equity interests are of no force and effect after the plan’s effective date.
When did GoHealth (GOCOQ) file for Chapter 11 and when did the plan become effective?
GoHealth and certain subsidiaries filed voluntary Chapter 11 petitions on June 7, 2026. The prepackaged plan of reorganization then became effective on July 21, 2026, which is when all existing equity, including Class A shares, was canceled.
What recovery will GoHealth (GOCOQ) equity holders receive under the plan?
Holders of Class A common stock and other Allowed GoHealth Holding Interests are entitled to a pro rata share of an approximately $10.3 million cash equity recovery pool, providing a cash recovery instead of continuing equity in the reorganized company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
