[Form 4] Goosehead Insurance, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Adrienne Kebodeaux, a director and officer of Goosehead Insurance, Inc. (GSHD), reported transactions dated 08/19/2025. The filing shows a sale of 3,000 shares of Class A common stock at a weighted average price of $86.30 (prices ranged $86.05–$86.46). The Form 4 also records conversion/issuance-type entries: 3,000 Class B common shares and 3,000 LLC units in Goosehead Financial, LLC were reported with $0 consideration, and the reporting person retains indirect ownership of 63,530 Class B common shares through the Chick & The Bear Irrevocable Trust. The form is signed by an attorney-in-fact and dated 08/21/2025.

Positive

• None.

Negative

• Sale of 3,000 Class A common shares at a weighted average price of $86.30, reducing direct Class A holdings to 0 per the report

Insights

Securities Analyst

TL;DR: Insider sold 3,000 Class A shares at ~$86.30 and reports conversion/LLC-unit activity with continued indirect Class B holdings.

The Form 4 documents a routine insider sale and related conversion/LLC-unit reporting. The sale of 3,000 Class A shares at a weighted average price of $86.30 is explicitly disclosed, with the filer noting multiple execution prices between $86.05 and $86.46. The filing also shows non‑cash transactions (reported at $0) associated with Class B shares and LLC units, and confirms indirect beneficial ownership of 63,530 Class B shares via a named trust. For investors, the filing supplies clear, transaction-level disclosure without additional commentary on intent or use of proceeds.

Corporate Governance Expert

TL;DR: Disclosure is complete for reported transactions; shows both direct and indirect holdings and conversion mechanics.

The report identifies the reporter as both a director and officer and includes signatures and an explanatory footnote about the weighted average sale price range. It lists direct holdings before and after the transactions and specifies the nature of indirect ownership through the Chick & The Bear Irrevocable Trust. The form includes an attorney-in-fact signature and the explanatory footnotes required to clarify multiple execution prices and conversion rights tied to LLC units and Class B shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KEBODEAUX ADRIENNE

(Last) (First) (Middle)

C/O GOOSEHEAD INSURANCE, INC.

1500 SOLANA BLVD., BLDG 4, STE 4500

(Street)

WESTLAKE TX 76262

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Goosehead Insurance, Inc. [ GSHD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% owner group

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	08/19/2025		C		3,000	D	$0	285,027	D
Class A Common Stock	08/19/2025		C		3,000	A	$0	3,000	D
Class A Common Stock	08/19/2025		S		3,000	D	$86.3(1)	0	D
Class B Common Stock								63,530	I	Chick & The Bear Irrevocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LLC Units in Goosehead Financial, LLC	$0	08/19/2025		C			3,000	(2)	(2)	Class A Common Stock	3,000	$0	285,027	D
LLC Units in Goosehead Financial, LLC	$0							(2)	(2)	Class A Common Stock	63,530		63,530	I	Chick & The Bear Irrevocable Trust

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.05 to $86.46, 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.

2. 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.

Remarks:

	/s/ John O'Connor, as Attorney-in-Fact for Adrienne Kebodeaux	08/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Adrienne Kebodeaux report on Form 4 for GSHD?

The Form 4 reports a sale of 3,000 Class A shares on 08/19/2025 at a weighted average price of $86.30, along with $0-consideration entries for 3,000 Class B shares and 3,000 LLC units.

How many shares does the filing show Adrienne Kebodeaux indirectly owns?

The filing reports indirect beneficial ownership of 63,530 Class B common shares through the Chick & The Bear Irrevocable Trust.

What price range was disclosed for the Class A share sale?

The footnote states the Class A shares were sold in multiple transactions at prices ranging from $86.05 to $86.46.

When were the transactions and when was the Form 4 signed?

The transactions are dated 08/19/2025 and the Form 4 bears an attorney-in-fact signature dated 08/21/2025.

Does the filing explain conversion rights for LLC units?

Yes. The filing states each LLC unit, together with a share of Class B common stock, may be converted into one share of Class A common stock at any time and that the LLC units do not expire.