Goosehead Insurance trust converts and sells 5,000 shares
Chick & The Bear Irrevocable Trust and Adrienne Kebodeaux, members of a 10% owner group of Goosehead Insurance, Inc., reported equity conversions and a sale on July 28, 2026.
Rhea-AI Filing Summary
Chick & The Bear Irrevocable Trust and Adrienne Kebodeaux, members of a 10% owner group of Goosehead Insurance, Inc., reported equity conversions and a sale on July 28, 2026. Entities associated with Kebodeaux converted 5,000 LLC Units and corresponding Class B shares into 5,000 shares of Class A Common Stock, then sold 5,000 Class A shares in a transaction reported at a weighted average price of $65.03 per share. Holdings associated with Kebodeaux continue to include LLC Units exchangeable into 280,027 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 5,000 shares ($325K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Chick & The Bear Irrevocable Trust, KEBODEAUX ADRIENNE
Role
10% Owner | 10% Owner
Sold
5,000 shs ($325K)
Approx. gross sale proceeds
$325K
Approx. exercise cost
$0.00
Approx. pre-tax spread
$325K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | LLC Units in Goosehead Financial, LLC F4, F1 | 5,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F1 | 5,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 5,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F1 | 5,000 | $65.03 | $325K |
| holding | LLC Units in Goosehead Financial, LLC F4, F3 | -- | -- | -- |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
LLC Units in Goosehead Financial, LLC — 338,557 contracts for 280,027 underlying shares (Direct);
Class B Common Stock — 338,557 shares (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. Reflects shares of Class A Common Stock, shares of Class B Common Stock, or LLC Units, as applicable, held (a) directly by the Chick & The Bear Irrevocable Trust and (b) indirectly by Adrienne Kebodeaux, who serves as trustee of the Chick & The Bear Irrevocable Trust and whose immediate family members are beneficiaries of the Chick & The Bear Irrevocable Trust.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.01 to $65.13, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3. Reflects shares of Class A Common Stock, shares of Class B Common Stock, or LLC Units, as applicable, held directly by Adrienne Kebodeaux.
- F4. Each LLC Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Units do not expire.
Key Figures
Shares converted: 5,000 shares
Shares sold: 5,000 shares
Weighted average sale price: $65.03 per share
+2 more
5 metrics
Shares converted
5,000 shares
LLC Units and Class B Common Stock converted into Class A Common Stock on July 28, 2026
Shares sold
5,000 shares
Class A Common Stock sold in a reported sale in open market or private transactions
Weighted average sale price
$65.03 per share
Average price for the 5,000 Class A shares sold
Sale price range
$65.01–$65.13 per share
Range of individual trade prices for the 5,000 Class A shares sold
Exchangeable underlying shares
280,027 shares
Class A shares underlying LLC Units held directly by Adrienne Kebodeaux
Key Terms
LLC Units, Class B Common Stock, weighted average price, 10% owner group
4 terms
LLC Units financial
"Each LLC Unit, together with a share of Class B Common Stock, may be converted"
LLC units are ownership stakes in a limited liability company, similar to shares in a corporation; each unit represents a portion of the company’s profits, losses and often voting power. For investors, LLC units matter because they determine how much money and control someone gets, how easily an interest can be sold, and how income is taxed and reported — think of owning slices of a pie that also decide how the pie is cut and shared.
Class B Common Stock financial
"Each LLC Unit, together with a share of Class B Common Stock, may be converted"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
10% owner group financial
"Reporting person is described as a Member of 10% owner group"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chick & The Bear Irrevocable Trust report for GSHD?
The trust and Adrienne Kebodeaux reported converting 5,000 LLC Units and 5,000 Class B shares into 5,000 Class A shares, then selling 5,000 Class A shares. The sale was reported as a sale in open market or private transactions.
What remains of Adrienne Kebodeaux’s Goosehead Insurance (GSHD) interests after this transaction?
Holdings associated with Adrienne Kebodeaux include LLC Units that are exchangeable into 280,027 shares of Class A Common Stock. These positions are reported as held directly by Kebodeaux and remain outstanding after the reported conversion and 5,000-share sale.
Were the Goosehead Insurance (GSHD) insider trades under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is unchecked, and the footnotes do not reference any trading plan. Based on this disclosure, the reported conversion and 5,000-share sale are not identified as occurring under a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
