Goosehead director granted 13,979 stock options
Goosehead Insurance, Inc. director Louis Goldberg received a grant of stock options covering 13,979 shares of Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
Goosehead Insurance, Inc. director Louis Goldberg received a grant of stock options covering 13,979 shares of Class A common stock. The options have an exercise price of $42.46 per share and were awarded as compensation, not purchased in the open market.
These options vest in 12 equal quarterly installments over three years, contingent on continued service. All 13,979 options will fully vest and become exercisable if there is a qualifying change in control under the company’s Amended and Restated Omnibus Incentive Plan.
Insider Trade Summary
Grant/Award: 13,979 shares
Grant/Award
1 txn
Insider
Goldberg Louis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Options (right to buy) | 13,979 | $0.00 | $0.00 |
Holdings After Transaction:
Director Stock Options (right to buy) — 13,979 contracts (Direct)
Footnotes (1)
- F1. The shares subject to the option shall vest and become exercisable, subject to continued service, in 12 equal quarterly installments over the three (3) year period following the grant date; provided that all shares subject to the option will vest and become exercisable upon a "change in control" (as defined in the Issuer's Amended and Restated Omnibus Incentive Plan).
Key Figures
Options granted: 13,979 options
Exercise price: $42.46 per share
Expiration date: May 5, 2036
+1 more
4 metrics
Options granted
13,979 options
Director stock options awarded to Louis Goldberg
Exercise price
$42.46 per share
Strike price for Class A common stock under options
Expiration date
May 5, 2036
Options expire if not exercised by this date
Total options after grant
13,979 options
Total derivative holdings following this transaction
Key Terms
Director Stock Options, change in control, Amended and Restated Omnibus Incentive Plan, vesting
4 terms
Director Stock Options financial
"Director Stock Options (right to buy)"
Stock options granted to a company’s board members that give those directors the right to buy company shares at a preset price after certain conditions are met. They matter to investors because they align directors’ incentives with shareholders—encouraging decisions that could raise the share price—but also create potential share dilution and future selling pressure once the options are exercised, similar to giving a delayed bonus tied to performance.
change in control financial
"will vest and become exercisable upon a "change in control""
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Amended and Restated Omnibus Incentive Plan financial
"as defined in the Issuer's Amended and Restated Omnibus Incentive Plan"
vesting financial
"shall vest and become exercisable, subject to continued service, in 12 equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Louis Goldberg acquire in this Goosehead Insurance (GSHD) Form 4 filing?
Louis Goldberg received a grant of 13,979 director stock options, not common shares. These options allow him to buy Goosehead Insurance Class A common stock at $42.46 per share if they vest and he chooses to exercise them in the future.
What is the exercise price of Louis Goldberg’s Goosehead Insurance (GSHD) stock options?
The director stock options have an exercise price of $42.46 per share. This means Goldberg can buy Goosehead Insurance Class A common stock at $42.46 once the options vest and remain exercisable, regardless of the market price at that time.
How do Louis Goldberg’s Goosehead Insurance (GSHD) options vest over time?
The 13,979 options vest in 12 equal quarterly installments over three years, subject to continued service. Each quarter, one-twelfth of the grant becomes exercisable, gradually increasing the number of options Goldberg can use to buy shares at $42.46.
What happens to Louis Goldberg’s Goosehead Insurance (GSHD) options upon a change in control?
All 13,979 options will fully vest and become exercisable if a change in control occurs, as defined in Goosehead Insurance’s Amended and Restated Omnibus Incentive Plan. This accelerates the vesting schedule so Goldberg can exercise the full grant after such an event.
Are Louis Goldberg’s Goosehead Insurance (GSHD) option grants open-market purchases?
No, the Form 4 shows a compensation-related grant, coded as an award acquisition. Goldberg did not buy shares on the open market; instead, he received options giving him the right to purchase 13,979 shares later at a fixed $42.46 exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
