GoHealth (NASDAQ: GOCOQ) equity canceled as holders shift to $10.3M cash pool
Rhea-AI Filing Summary
CB Blizzard Holdings C, L.P., a more-than-10% owner of GoHealth, Inc., reported that on July 21, 2026, all of its 4,179,850 shares of Class A Common Stock and 5,386,178 LLC Interests of GoHealth Holdings, LLC were disposed of to the issuer and cancelled under a prepackaged Chapter 11 plan, leaving it with 0 reported shares. Under the plan, holders of Class A common stock and other Allowed GoHealth Holding Interests, including this reporting person, are entitled to a pro rata share of an approximately $10.3 million cash equity recovery pool.
Positive
- None.
Negative
- All existing equity cancelled in Chapter 11, with prior Class A common stock and related equity interests extinguished and replaced only by a pro rata share of a $10.3 million recovery pool for all affected holders.
Insider Trade Summary
Net Seller: 4,179,850 shares
Net Sell
2 txns
Insider
CB Blizzard Holdings C, L.P.
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | LLC Interests of GoHealth Holdings, LLC F6, F2, F3, F4, F5 | 5,386,178 | -- | -- |
| Disposition | Class A Common Stock F1, F2, F3, F4, F5 | 4,179,850 | -- | -- |
Holdings After Transaction:
LLC Interests of GoHealth Holdings, LLC — 0 shares (Indirect, See footnotes);
Class A Common Stock — 0 shares (Indirect, See footnotes)
Footnotes (6)
- 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.
- F3. Includes (i) 2,712,197 shares of Class A Common Stock previously held of record by CB Blizzard Lower Holdings A, L.P. ("CB Blizzard A") and (ii) 1,467,653 shares of Class A Common Stock previously held of record by CB Blizzard Holdings C, L.P. ("CB Blizzard C").
- F4. CCP III Cayman GP Ltd. ("CCP GP") is the general partner of CB Blizzard C and may be deemed to share beneficial ownership of the securities held of record by CB Blizzard C. CCP GP is also the general partner of Centerbridge Associates III, L.P., which is the general partner of each of CCP III AIV VII Holdings, L.P. and CB Blizzard Co-Invest Holdings, L.P., which are the owners of CB Blizzard Lower Holdings GP A, LLC, which is the general partner of CB Blizzard A. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities held of record by CB Blizzard A. CCP GP is also the sole manager of Blizzard Aggregator, LLC, which is the owner of CB Blizzard Lower Holdings GP B, LLC, which is the general partner of CB Blizzard Lower Holdings B, L.P. ("CB Blizzard B"). As a result, each of the foregoing entities may be deemed to share beneficial ownership of the securities held of record by CB Blizzard B.
- F5. Jeffrey H. Aronson is the sole director of CCP GP and, as a result, may be deemed to share beneficial ownership of the securities held of record by each of CB Blizzard A, CB Blizzard C and CB Blizzard B. However, none of the foregoing should be construed in and of itself as an admission by Mr. Aronson or by any Reporting Person as to beneficial ownership of securities owned by another Reporting Person. In addition, Mr. Aronson expressly disclaims beneficial ownership of the securities held of record by each of CB Blizzard A, CB Blizzard C and CB Blizzard B, except to the extent of any proportionate pecuniary interest therein.
- F6. The LLC Interests of GoHealth Holdings, LLC were redeemable for an equal number of shares of Class A common stock.
Key Figures
Class A Common Stock disposed: 4,179,850 shares
LLC Interests disposed: 5,386,178 LLC Interests
Cash equity recovery pool: $10.3 million
+3 more
6 metrics
Class A Common Stock disposed
4,179,850 shares
Indirect disposition to issuer on July 21, 2026 under Chapter 11 plan
LLC Interests disposed
5,386,178 LLC Interests
Indirect disposition of GoHealth Holdings, LLC interests on July 21, 2026
Cash equity recovery pool
$10.3 million
Aggregate cash pool for holders of Class A common stock and other Allowed GoHealth Holding Interests
Shares held after transactions
0 shares
Total Class A Common Stock reported as beneficially owned following the July 21, 2026 dispositions
Chapter 11 petition date
June 7, 2026
Voluntary Chapter 11 cases filed by GoHealth, Inc., GoHealth Holdings, LLC and certain subsidiaries
Plan effective date
July 21, 2026
Effective date of prepackaged Chapter 11 plan when existing equity was cancelled
Key Terms
prepackaged Chapter 11 plan of reorganization, Allowed GoHealth Holding Interests, cash equity recovery pool, beneficial ownership, +1 more
5 terms
prepackaged Chapter 11 plan of reorganization regulatory
"to implement a prepackaged Chapter 11 plan of reorganization (the "Plan")"
Allowed GoHealth Holding Interests regulatory
"holders of Class A common stock and other Allowed GoHealth Holding Interests"
cash equity recovery pool financial
"their pro rata share of an approximately $10.3 million cash equity recovery pool"
beneficial ownership financial
"may be deemed to share beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
FAQ
What did CB Blizzard Holdings C, L.P. report in this Form 4 for GOCOQ?
CB Blizzard Holdings C, L.P. reported disposition of 4,179,850 shares of Class A Common Stock and 5,386,178 LLC Interests of GoHealth Holdings, LLC to the issuer on July 21, 2026, leaving it with 0 reported shares after GoHealth’s Chapter 11 plan became effective.
How does GoHealth’s Chapter 11 plan affect GOCOQ Class A common stock holders?
Under the confirmed plan, all Class A common stock, restricted stock, RSUs, and similar equity rights were cancelled and discharged on July 21, 2026. Equity holders instead receive only their pro rata share of an approximately $10.3 million cash equity recovery pool.
What transactions involving LLC Interests were disclosed for GOCOQ?
The reporting person disclosed disposition of 5,386,178 LLC Interests of GoHealth Holdings, LLC on July 21, 2026. These LLC Interests were redeemable on a one-for-one basis into Class A Common Stock, and were cancelled in connection with GoHealth’s effective Chapter 11 reorganization plan.
What recovery is available to CB Blizzard Holdings C, L.P. after GoHealth’s restructuring?
CB Blizzard Holdings C, L.P., as a holder of Allowed GoHealth Holding Interests, is entitled to a pro rata share of an approximately $10.3 million cash equity recovery pool. The filing does not specify the exact dollar amount allocable to this particular reporting person.
Were the GOCOQ insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating these dispositions were executed under a Rule 10b5-1 or similar pre-arranged trading plan; they occur pursuant to the Chapter 11 plan terms.
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