Goosehead director granted 13,979 stock options
Reid James reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Reid James reported acquisition or exercise transactions in this Form 4 filing.
Goosehead Insurance, Inc. director James Reid received a grant of 13,979 director stock options to buy Class A common stock at $42.46 per share. These options vest in 12 equal quarterly installments over three years, with all options vesting upon a defined change in control. Following the grant, he holds 13,979 options directly.
Insider Trade Summary
Grant/Award: 13,979 shares
Grant/Award
1 txn
Insider
Reid James
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
Vesting period: 3 years
+2 more
5 metrics
Options granted
13,979 options
Director stock options grant to James Reid
Exercise price
$42.46 per share
Strike price for director stock options
Vesting period
3 years
12 equal quarterly installments from grant date
Expiration date
May 5, 2036
Option expiration for director grant
Options held after grant
13,979 options
Total options held directly following transaction
Key Terms
Director Stock Options (right to buy), Class A Common Stock, change in control, Amended and Restated Omnibus Incentive Plan, +1 more
5 terms
Director Stock Options (right to buy) financial
"security_title: Director Stock Options (right to buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
change in control financial
"all shares subject to the option 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"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Goosehead Insurance (GSHD) report for James Reid?
Goosehead Insurance reported that director James Reid received a grant of 13,979 director stock options. These options give him the right to buy Class A common stock at a fixed exercise price as part of his compensation package.
How many Goosehead Insurance (GSHD) options were granted to James Reid?
James Reid was granted 13,979 director stock options. This entire amount represents new derivative awards, and after the transaction he holds 13,979 options directly, linked to the company’s Class A common stock under its incentive plan.
What is the exercise price of James Reid’s Goosehead (GSHD) stock options?
The options granted to James Reid have an exercise price of $42.46 per share. This means he can purchase Goosehead Insurance Class A common stock at $42.46 once options vest and are exercised, regardless of the market price then.
How do James Reid’s Goosehead (GSHD) options vest over time?
James Reid’s options vest in 12 equal quarterly installments over three years. Vesting is conditioned on continued service, so portions of the 13,979 options become exercisable every quarter during that three-year period.
What happens to James Reid’s Goosehead (GSHD) options if there is a change in control?
If a change in control occurs, all of James Reid’s unvested options will fully vest and become exercisable. The filing states this acceleration follows the definition of “change in control” in Goosehead’s Amended and Restated Omnibus Incentive Plan.
Are James Reid’s Goosehead (GSHD) options held directly or indirectly?
The filing shows James Reid holds the 13,979 director stock options directly. Ownership type is listed as direct, and there is no indication that the options are held through a separate entity or trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
