[Form 4] SelectQuote, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On 08/01/25 Chief Accounting Officer Stephanie D. Fisher executed multiple automatic “M” transactions tied to previously granted restricted stock units (RSUs) and price-vested units (PVUs). In total, 59,651 common shares were issued to her at a $0 exercise price, raising her direct common-stock ownership from roughly 70 K to 129,848 shares.

On 08/02/25 she carried out a single “F” transaction, surrendering 25,266 shares at $1.74 to cover statutory tax withholding. Post-withholding, her direct stake stands at 104,582 shares.

The filing also reports she continues to hold 74,365 unvested RSUs and 25,383 PVUs. A new grant of 74,365 RSUs (three-year ratable vesting) was recorded, while several PVU tranches vested after the company’s stock met price hurdles of $2.50, $3.13 and $4.00. No open-market purchases or discretionary sales were disclosed; activity is largely compensation-related and neutral to cash flow.

Positive

• Executive’s net holdings increased by about 34,000 shares, suggesting sustained equity exposure.
• Price hurdles of $2.50–$4.00 were met, indicating recent share-price improvement sufficient to trigger PVU vesting.

Negative

• 25,266 shares sold (tax withholding) creates modest selling pressure, though not discretionary.
• Large new RSU grant adds potential future dilution of 74,365 shares.

Insights

Corporate Governance Analyst

TL;DR: Routine equity-compensation vesting; insider keeps >100 K shares, sells only for taxes—neutral signal for SLQT.

The transactions are standard for an executive compensation cycle and triggered automatically once price and service conditions were satisfied. Although 25 K shares were sold, the sale was strictly to cover taxes (code F) and represents < 20% of newly vested shares, leaving Fisher with a larger equity position than before. The additional 74 K RSU grant aligns incentives through 2028–35. No discretionary selling means limited negative read-through for investors; likewise, automatic vesting does not convey incremental bullishness. Overall market impact should be marginal.

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
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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^*

Fisher Stephanie D.

(Last) (First) (Middle)

C/O SELECTQUOTE, INC.

6800 WEST 115TH STREET, SUITE 2511

(Street)

OVERLAND PARK KS 66211

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SelectQuote, Inc. [ SLQT ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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
Common Stock, par value $0.01 per share	08/01/2025		M		1,212	A	$0	71,409	D
Common Stock, par value $0.01 per share	08/01/2025		M		16,227	A	$0	87,636	D
Common Stock, par value $0.01 per share	08/01/2025		M		17,514	A	$0	105,150	D
Common Stock, par value $0.01 per share	08/01/2025		M		9,518	A	$0	114,668	D
Common Stock, par value $0.01 per share	08/01/2025		M		9,817	A	$0	124,485	D
Common Stock, par value $0.01 per share	08/01/2025		M		2,190	A	$0	126,675	D
Common Stock, par value $0.01 per share	08/01/2025		M		3,173	A	$0	129,848	D
Common Stock, par value $0.01 per share	08/02/2025		F		25,266(1)	D	$1.74	104,582	D

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
Restricted Stock Units(2)	(3)	08/01/2025		M			1,212	(4)	08/01/2031	Common Stock, par value $0.01 per share	1,212	(3)	0	D
Restricted Stock Units(2)	(3)	08/01/2025		M			16,227	(5)	08/01/2032	Common Stock, par value $0.01 per share	16,227	(3)	0	D
Restricted Stock Units(2)	(3)	08/01/2025		M			17,514	(6)	09/13/2033	Common Stock, par value $0.01 per share	17,514	(3)	17,515	D
Restricted Stock Units(2)	(3)	08/01/2025		M			9,518	(7)	10/28/2034	Common Stock, par value $0.01 per share	9,518	(3)	19,038	D
Price-Vested Restricted Stock Units(8)	(9)	08/01/2025		M			9,817	(10)	08/01/2027	Common Stock, par value $0.01 per share	9,817	(9)	88,353	D
Price-Vested Restricted Stock Units(8)	(9)	08/01/2025		M			2,190	(11)	09/13/2028	Common Stock, par value $0.01 per share	2,190	(9)	21,893	D
Price-Vested Restricted Stock Units(8)	(9)	08/01/2025		M			3,173	(12)	10/28/2029	Common Stock, par value $0.01 per share	3,173	(9)	25,383	D
Restricted Stock Units(2)	(3)	08/01/2025		A		74,365		(5)	08/01/2035	Common Stock, par value $0.01 per share	74,365	(3)	74,365	D

Explanation of Responses:

1. Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of price-vested units and time-based restricted stock units previously granted to the recipient.

2. Represents restricted stock units of SelectQuote, Inc. (the "Company") granted to the recipient pursuant to the Company's 2020 Omnibus Incentive Plan (the "Plan").

3. Each restricted stock unit represents the contingent right to receive one share of the Company's common stock, par value $0.01 per share.

4. The restricted stock units vest ratably in four annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.

5. The restricted stock units vest ratably in three annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.

6. The restricted stock units vest ratably in three annual installments commencing on August 1, 2024, subject to the recipient's continued employment with the Company through the applicable vesting date.

7. The restricted stock units vest ratably in three annual installments commencing on August 1, 2025, subject to the recipient's continued employment with the Company through the applicable vesting date.

8. Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.

9. Each PVU represents the contingent right to receive one share of the Company's common stock, par value $0.01 per share, upon the Company's common stock reaching certain predetermined average trading prices, subject to applicable vesting conditions.

10. The PVUs are eligible to vest in three ratable annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-fourth of the total number of PVUs granted will vest, if at all, upon the 60-day average closing price of the Company's common stock reaching each of $4.00, $7.50, $10.00, and $12.50 during the five-year performance period. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $4.00 price hurdle.

11. The PVUs are eligible to vest in three ratable annual installments commencing on August 1, 2024, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-fourth of the total number of PVUs granted will vest, if at all, upon the 60-day average closing price of the Company's common stock exceeding each of $2.50, $5.00, $7.50, and $10.00 during the five-year performance period. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $2.50 price hurdle.

12. The PVUs are eligible to vest in three ratable annual installments commencing on August 1, 2025, subject to the recipient's continued employment with the Company through the applicable vesting date. Subject to this vesting schedule, one-third of the total number of PVUs granted will vest, if at all, upon the 60-day average closing price of the Company's common stock exceeding each of $3.13, $6.00, and $9.00 during the five-year performance period. The number of PVUs reported on this line reflects the portion of the total PVU award that vested on the transaction date following the achievement of the $3.13 price hurdle.

Remarks:

	/s/ Daniel A. Boulware, Attorney-in-Fact	08/05/2025
	** 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

How many SLQT shares does Stephanie Fisher now own directly?

Following the transactions, she directly owns 104,582 common shares.

Were any open-market sales or purchases made by the insider?

No. All activity was automatic: RSU/PVU vesting (code M) and tax-related share surrender (code F).

What price were the shares sold for tax withholding?

Shares were surrendered at $1.74 on 08/02/25 to satisfy withholding obligations.

Did the insider receive new equity awards?

Yes, 74,365 new RSUs were granted under the 2020 Omnibus Incentive Plan.

What performance hurdles triggered the PVU vesting?

Vesting occurred after 60-day average prices exceeded $2.50, $3.13, and $4.00 thresholds.