SelectQuote (NYSE: SLQT) EVP awarded 77,000 RSUs and 77,000 PVUs
Rhea-AI Filing Summary
SelectQuote, Inc. executive Anderson Sarah Taylor, EVP, Healthcare, reported equity compensation activity on August 1, 2026. Several restricted stock unit and price-vested unit awards vested and converted into 85,322 common shares, while 24,890 shares were surrendered at $0.747 per share to satisfy withholding taxes.
On the same date, the executive received new grants of 77,000 restricted stock units and 77,000 price-vested units under the 2020 Omnibus Incentive Plan. These awards vest in three annual installments and, for PVUs, only if 60-day average closing-price thresholds including $2.50, $5.00, $7.50, $10.00, $3.13, $6.00, $9.00, $2.00, $3.00 and $4.00 are achieved during five-year performance periods and employment continues.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 60,432 shares
Net Buy
13 txns
Insider
Anderson Sarah Taylor
Role
(See Remarks)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3, F4 | 25,568 | -- | -- |
| Exercise | Restricted Stock Units F2, F3, F5 | 14,561 | -- | -- |
| Exercise | Restricted Stock Units F2, F3, F6 | 37,143 | -- | -- |
| Exercise | Price-Vested Restricted Stock Units F7, F8, F9 | 3,196 | -- | -- |
| Exercise | Price-Vested Restricted Stock Units F7, F8, F10 | 4,854 | -- | -- |
| Grant/Award | Restricted Stock Units F2, F3, F6 | 77,000 | -- | -- |
| Grant/Award | Price-Vested Restricted Stock Units F7, F8, F11 | 77,000 | -- | -- |
| Exercise | Common Stock, par value $0.01 per share | 25,568 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 14,561 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 37,143 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 3,196 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 4,854 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.01 per share F1 | 24,890 | $0.747 | $19K |
Holdings After Transaction:
Restricted Stock Units — 165,849 shares (Direct);
Price-Vested Restricted Stock Units — 139,739 shares (Direct);
Common Stock, par value $0.01 per share — 112,057 shares (Direct)
Footnotes (11)
- F1. Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan (the "Plan") of SelectQuote, Inc. (the "Company").
- F2. Represents restricted stock units of the Company granted to the recipient pursuant to the Plan.
- F3. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Represents price-vested restricted stock units of the Company ("PVUs") granted to the recipient pursuant to the Plan.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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-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 $2.00, $3.00, and $4.00 during the five-year performance period.
Key Figures
Common shares from vesting: 85,322 shares
Tax withholding shares: 24,890 shares at $0.747 per share
RSU grant size: 77,000 units
+4 more
7 metrics
Common shares from vesting
85,322 shares
Common stock received on August 1, 2026 from RSU and PVU exercises/conversions
Tax withholding shares
24,890 shares at $0.747 per share
Shares surrendered to the issuer to satisfy withholding taxes on RSU vesting
RSU grant size
77,000 units
Restricted stock units granted August 1, 2026 under the 2020 Omnibus Incentive Plan
PVU grant size
77,000 units
Price-vested restricted stock units granted August 1, 2026 under the 2020 Omnibus Incentive Plan
PVU price hurdles set 1
$2.50, $5.00, $7.50, $10.00
60-day average closing price thresholds for one PVU grant over a five-year performance period
PVU price hurdles set 2
$3.13, $6.00, $9.00
60-day average closing price thresholds for another PVU grant over a five-year performance period
PVU price hurdles set 3
$2.00, $3.00, $4.00
60-day average closing price thresholds for a third PVU grant over a five-year performance period
Key Terms
restricted stock units, price-vested restricted stock units, 60-day average closing price, withholding taxes, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units of the Company granted to the recipient"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
price-vested restricted stock units financial
"Represents price-vested restricted stock units of the Company granted"
60-day average closing price financial
"upon the 60-day average closing price of the Company's common stock exceeding"
withholding taxes financial
"shares surrendered to the issuer to satisfy withholding taxes owed upon vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
2020 Omnibus Incentive Plan financial
"previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did SelectQuote (SLQT) EVP Anderson Sarah Taylor receive on August 1, 2026?
Anderson Sarah Taylor received 77,000 restricted stock units and 77,000 price-vested restricted stock units on August 1, 2026. Both awards were granted under SelectQuote’s 2020 Omnibus Incentive Plan and represent the right to receive common shares if vesting conditions are met.
What are the vesting terms for the new RSUs and PVUs reported for SelectQuote (SLQT)?
The new RSUs and PVUs vest in three ratable annual installments, starting one year after grant or specified dates. PVUs also require the stock’s 60-day average closing price to exceed thresholds such as $2.00, $3.00, $4.00, $2.50, $5.00, $7.50, $10.00, $3.13, $6.00 and $9.00 during five-year performance periods.
Were the SelectQuote (SLQT) insider transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked, and the footnotes do not describe any 10b5-1 or pre-arranged trading plan. The reported equity vesting, grants, and tax-withholding disposition therefore are not identified as occurring under a trading plan.