[Form 4] Goosehead Insurance, Inc. Insider Trading Activity
Goosehead Insurance reported that Mark E. Jones Jr., the company's CFO and COO and a director, was granted an employee stock option to purchase 20,000 shares of Class A common stock at an exercise price of $95.27. The option becomes exercisable on the grant date and expires ten years later, with vesting structured so one-third of the shares vest on each of the first three anniversaries of the grant date, subject to continued employment. The award includes a provision that accelerates vesting if the holder's employment is terminated without cause or for good reason within six months following a change in control.
Goosehead Insurance ha comunicato che Mark E. Jones Jr., CFO, COO e membro del consiglio, gli 猫 stata concessa un'employee stock option per acquistare 20,000 azioni di Classe A al prezzo di esercizio di $95.27. L'opzione 猫 esercitabile dalla data di concessione e scade dopo dieci anni; il vesting 猫 strutturato in modo che un terzo delle azioni maturi in ciascuno dei primi tre anniversari della data di concessione, subordinatamente alla prosecuzione del rapporto di lavoro. L'assegnazione include una clausola che accelera il vesting se il titolare viene licenziato senza giusta causa o per una buona ragione entro sei mesi successivi a un cambiamento di controllo.
Goosehead Insurance inform贸 que a Mark E. Jones Jr., director financiero y de operaciones de la compa帽铆a y miembro del consejo, se le otorg贸 una employee stock option para comprar 20,000 acciones de la Clase A a un precio de ejercicio de $95.27. La opci贸n puede ejercerse desde la fecha de concesi贸n y vence diez a帽os despu茅s; la consolidaci贸n est谩 estructurada para que un tercio de las acciones se consolide en cada uno de los tres primeros aniversarios de la fecha de concesi贸n, condicionado a la continuidad en el empleo. La adjudicaci贸n incluye una disposici贸n que acelera la consolidaci贸n si el titular es despedido sin causa o por una buena raz贸n dentro de los seis meses siguientes a un cambio de control.
Goosehead Insurance電� 須岇偓鞚� CFO 瓴� COO鞚挫瀽 鞚挫偓鞚� Mark E. Jones Jr.鞐愱矊 employee stock option鞙茧 20,000欤� 韥措灅鞀� A 氤错喌欤茧ゼ 欤茧嫻 $95.27鞚� 頄夓偓臧�瓴╈溂搿� 毵れ垬頃� 靾� 鞛堧姅 甓岆Μ毳� 攵�鞐枅雼り碃 氤搓碃頄堨姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 攵�鞐澕鞐� 頄夓偓 臧�電ロ暣歆�氅� 10雲� 頉� 毵岆霅橁碃, 氩犾姢韺呾潃 攵�鞐澕搿滊秬韯� 觳� 3須� 旮半厫鞚� 臧侁皝鞐� 3攵勳潣 1鞌� 氩犾姢韸鸽悩霃勲 甑劚霅橂┌ 瓿勳啀 攴茧臧� 臁瓣贝鞛呺媹雼�. 靾橃儊鞐愲姅 歆�氚瓣秾 氤�瓴� 頉� 6臧滌洈 鞚措偞鞐� 攴茧鞛愱皜 鞝曤嫻頃� 靷湢 鞐嗢澊 頃搓碃霅橁卑雮� 頃╇嫻頃� 鞚挫湢搿� 韲挫頃� 瓴届毎 氩犾姢韺呾潉 臧�靻嶍檾頃橂姅 臁绊暛鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.
Goosehead Insurance a indiqu茅 que Mark E. Jones Jr., directeur financier et directeur des op茅rations de la soci茅t茅 et administrateur, s'est vu accorder une employee stock option lui permettant d'acheter 20,000 actions de cat茅gorie A au prix d'exercice de $95.27. L'option devient exer莽able 脿 la date d'attribution et expire dix ans plus tard ; le calendrier d'acquisition pr茅voit qu'un tiers des actions acquiert des droits 脿 chacun des trois premiers anniversaires de la date d'attribution, sous r茅serve de la poursuite de l'emploi. L'attribution comporte une disposition qui acc茅l猫re l'acquisition des droits si le titulaire est licenci茅 sans motif valable ou pour une raison l茅gitime dans les six mois suivant un changement de contr么le.
Goosehead Insurance berichtete, dass Mark E. Jones Jr., CFO und COO des Unternehmens sowie Direktor, eine Mitarbeiter-Aktienoption zum Kauf von 20.000 Aktien der Klasse A zum Aus眉bungspreis von $95.27 erhalten hat. Die Option wird am Gew盲hrungsdatum aus眉bbar und l盲uft zehn Jahre sp盲ter ab; die Vesting-Regelung sieht vor, dass jeweils ein Drittel der Aktien an jedem der ersten drei Jahrestage des Gew盲hrungsdatums vestet, vorbehaltlich der fortgesetzten Besch盲ftigung. Die Gew盲hrung enth盲lt eine Bestimmung, die das Vesting beschleunigt, wenn der Inhaber ohne Verschulden oder aus wichtigem Grund innerhalb von sechs Monaten nach einem Kontrollwechsel beendet wird.
- Alignment with shareholders: Option award ties executive compensation to future stock performance through a market-priced exercise.
- Standard vesting: One-third annual vesting encourages retention over multiple years.
- Change-in-control protection: Acceleration clause offers executive protection in M&A scenarios, which can aid continuity.
- Missing context on dilution: Filing does not state total outstanding shares or grant as percentage of equity, limiting assessment of investor impact.
- No performance conditions disclosed: Vesting is time-based only, so incentives are not explicitly tied to operational or financial targets.
Insights
TL;DR A 20,000-share option grant to the CFO/COO at $95.27 is routine executive compensation without immediate dilution.
The grant aligns executive incentives with shareholder value by using time-based vesting and a ten-year exercise window. The one-third annual vesting schedule is standard, and the change-in-control acceleration is a common protective feature. The award size and strike price should be assessed relative to total outstanding shares and recent stock price to measure potential dilution and incentive magnitude; that data is not provided in this filing.
TL;DR Vesting and change-in-control acceleration reflect standard governance practices for senior executives.
The documented vesting schedule and post-change-in-control acceleration mirror common market practice to retain executives and protect them in M&A events. The filing discloses the terms clearly but does not include contextual metrics such as percentage of outstanding equity represented by the grant or performance-based conditions, which limits assessment of governance impact.
Goosehead Insurance ha comunicato che Mark E. Jones Jr., CFO, COO e membro del consiglio, gli 猫 stata concessa un'employee stock option per acquistare 20,000 azioni di Classe A al prezzo di esercizio di $95.27. L'opzione 猫 esercitabile dalla data di concessione e scade dopo dieci anni; il vesting 猫 strutturato in modo che un terzo delle azioni maturi in ciascuno dei primi tre anniversari della data di concessione, subordinatamente alla prosecuzione del rapporto di lavoro. L'assegnazione include una clausola che accelera il vesting se il titolare viene licenziato senza giusta causa o per una buona ragione entro sei mesi successivi a un cambiamento di controllo.
Goosehead Insurance inform贸 que a Mark E. Jones Jr., director financiero y de operaciones de la compa帽铆a y miembro del consejo, se le otorg贸 una employee stock option para comprar 20,000 acciones de la Clase A a un precio de ejercicio de $95.27. La opci贸n puede ejercerse desde la fecha de concesi贸n y vence diez a帽os despu茅s; la consolidaci贸n est谩 estructurada para que un tercio de las acciones se consolide en cada uno de los tres primeros aniversarios de la fecha de concesi贸n, condicionado a la continuidad en el empleo. La adjudicaci贸n incluye una disposici贸n que acelera la consolidaci贸n si el titular es despedido sin causa o por una buena raz贸n dentro de los seis meses siguientes a un cambio de control.
Goosehead Insurance電� 須岇偓鞚� CFO 瓴� COO鞚挫瀽 鞚挫偓鞚� Mark E. Jones Jr.鞐愱矊 employee stock option鞙茧 20,000欤� 韥措灅鞀� A 氤错喌欤茧ゼ 欤茧嫻 $95.27鞚� 頄夓偓臧�瓴╈溂搿� 毵れ垬頃� 靾� 鞛堧姅 甓岆Μ毳� 攵�鞐枅雼り碃 氤搓碃頄堨姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 攵�鞐澕鞐� 頄夓偓 臧�電ロ暣歆�氅� 10雲� 頉� 毵岆霅橁碃, 氩犾姢韺呾潃 攵�鞐澕搿滊秬韯� 觳� 3須� 旮半厫鞚� 臧侁皝鞐� 3攵勳潣 1鞌� 氩犾姢韸鸽悩霃勲 甑劚霅橂┌ 瓿勳啀 攴茧臧� 臁瓣贝鞛呺媹雼�. 靾橃儊鞐愲姅 歆�氚瓣秾 氤�瓴� 頉� 6臧滌洈 鞚措偞鞐� 攴茧鞛愱皜 鞝曤嫻頃� 靷湢 鞐嗢澊 頃搓碃霅橁卑雮� 頃╇嫻頃� 鞚挫湢搿� 韲挫頃� 瓴届毎 氩犾姢韺呾潉 臧�靻嶍檾頃橂姅 臁绊暛鞚� 韽暔霅橃柎 鞛堨姷雼堧嫟.
Goosehead Insurance a indiqu茅 que Mark E. Jones Jr., directeur financier et directeur des op茅rations de la soci茅t茅 et administrateur, s'est vu accorder une employee stock option lui permettant d'acheter 20,000 actions de cat茅gorie A au prix d'exercice de $95.27. L'option devient exer莽able 脿 la date d'attribution et expire dix ans plus tard ; le calendrier d'acquisition pr茅voit qu'un tiers des actions acquiert des droits 脿 chacun des trois premiers anniversaires de la date d'attribution, sous r茅serve de la poursuite de l'emploi. L'attribution comporte une disposition qui acc茅l猫re l'acquisition des droits si le titulaire est licenci茅 sans motif valable ou pour une raison l茅gitime dans les six mois suivant un changement de contr么le.
Goosehead Insurance berichtete, dass Mark E. Jones Jr., CFO und COO des Unternehmens sowie Direktor, eine Mitarbeiter-Aktienoption zum Kauf von 20.000 Aktien der Klasse A zum Aus眉bungspreis von $95.27 erhalten hat. Die Option wird am Gew盲hrungsdatum aus眉bbar und l盲uft zehn Jahre sp盲ter ab; die Vesting-Regelung sieht vor, dass jeweils ein Drittel der Aktien an jedem der ersten drei Jahrestage des Gew盲hrungsdatums vestet, vorbehaltlich der fortgesetzten Besch盲ftigung. Die Gew盲hrung enth盲lt eine Bestimmung, die das Vesting beschleunigt, wenn der Inhaber ohne Verschulden oder aus wichtigem Grund innerhalb von sechs Monaten nach einem Kontrollwechsel beendet wird.
FAQ
What did GSHD disclose about Mark E. Jones Jr.'s compensation?
How does the vesting schedule for the option work?
Is there any accelerated vesting included in the award?
What is the exercise period for the option?
Does the filing show how this grant affects outstanding shares?
