SelectQuote CFO exercises awards, gets new stock units
SelectQuote, Inc. Chief Financial Officer Clement Ryan Moore reported multiple equity compensation transactions dated August 1, 2026.
Rhea-AI Filing Summary
SelectQuote, Inc. Chief Financial Officer Clement Ryan Moore reported multiple equity compensation transactions dated August 1, 2026. He exercised previously granted restricted stock units and price-vested units into common stock at $0.00 per share, and received new grants of 343,750 restricted stock units and 343,750 price-vested units. In connection with vesting, 80,733 shares of common stock at $0.7470 per share were withheld to satisfy tax-withholding obligations under SelectQuote's 2020 Omnibus Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3, F4 | 88,889 | -- | -- |
| Exercise | Restricted Stock Units F2, F3, F5 | 63,897 | -- | -- |
| Exercise | Restricted Stock Units F2, F3, F6 | 90,000 | -- | -- |
| Exercise | Price-Vested Restricted Stock Units F7, F8, F9 | 11,111 | -- | -- |
| Exercise | Price-Vested Restricted Stock Units F7, F8, F10 | 21,299 | -- | -- |
| Grant/Award | Restricted Stock Units F2, F3, F6 | 343,750 | -- | -- |
| Grant/Award | Price-Vested Restricted Stock Units F7, F8, F11 | 343,750 | -- | -- |
| Exercise | Common Stock, par value $0.01 per share | 88,889 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 63,897 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 90,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 11,111 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 21,299 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.01 per share F1 | 80,733 | $0.747 | $60K |
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 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
Key Terms
Restricted Stock Units financial
Price-Vested Restricted Stock Units financial
PVUs financial
2020 Omnibus Incentive Plan financial
60-day average closing price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did SelectQuote (SLQT) grant to its CFO on August 1, 2026?
What are price-vested restricted stock units (PVUs) in SelectQuote (SLQT)'s plan?
How do the new RSU grants for SelectQuote (SLQT)'s CFO vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.