SelectQuote (NYSE: SLQT) CFO granted RSU and PVU awards
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
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Insider Trade Summary
Net Buyer: 194,463 shares
Net Buy
13 txns
Insider
Clement Ryan Moore
Role
Chief Financial Officer
| 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 |
Holdings After Transaction:
Restricted Stock Units — 587,649 shares (Direct);
Price-Vested Restricted Stock Units — 592,845 shares (Direct);
Common Stock, par value $0.01 per share — 516,856 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 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
RSUs granted: 343750.0000 RSUs
PVUs granted: 343750.0000 PVUs
Shares withheld for taxes: 80733.0000 shares
+2 more
5 metrics
RSUs granted
343750.0000 RSUs
Restricted stock units granted to the CFO on August 1, 2026
PVUs granted
343750.0000 PVUs
Price-vested restricted stock units granted on August 1, 2026
Shares withheld for taxes
80733.0000 shares
Common shares surrendered to satisfy withholding taxes upon RSU vesting
Tax withholding price
$0.7470 per share
Valuation per share for stock withheld to cover tax obligations
Derivative shares exercised
275196 shares
Total underlying shares from derivative exercises (M-code transactions)
Key Terms
Restricted Stock Units, Price-Vested Restricted Stock Units, PVUs, 2020 Omnibus Incentive Plan, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units granted to the recipient pursuant to the Plan."
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 ("PVUs") granted"
PVUs financial
"Each PVU represents the contingent right to receive one share of the Company's common stock"
2020 Omnibus Incentive Plan financial
"previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan"
60-day average closing price financial
"upon the 60-day average closing price of the Company's common stock exceeding"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did SelectQuote (SLQT) grant to its CFO on August 1, 2026?
SelectQuote granted CFO Clement Ryan Moore 343,750 restricted stock units and 343,750 price-vested units (PVUs) on August 1, 2026. Each unit represents a contingent right to receive one share of SelectQuote common stock, subject to time-based and, for PVUs, stock-price vesting conditions.
What are price-vested restricted stock units (PVUs) in SelectQuote (SLQT)'s plan?
PVUs are awards that convert into one SelectQuote share if stock-price and service conditions are met. They vest over annual installments and require the 60-day average closing price of SLQT stock to exceed specified thresholds during a five-year performance period, subject to continued employment.
How do the new RSU grants for SelectQuote (SLQT)'s CFO vest?
The new restricted stock units vest in three equal annual installments, beginning on the one-year anniversary of the grant date. Vesting is subject to the CFO’s continued employment with SelectQuote through each applicable vesting date, as described in the award footnotes.