Goosehead (GSHD) 10% Owner Adrienne Kebodeaux Sells 5,000 Shares

What Happened

• Adrienne Kebodeaux, a reported 10% owner (trustee of the Chick & The Bear Irrevocable Trust), converted derivative securities into common stock and sold 5,000 shares of Goosehead Insurance (GSHD) in an open‑market transaction on July 28, 2026. The sale was reported at a weighted average price of $65.20, for proceeds of approximately $326,000. The conversion entries are recorded at $0.00 (reflecting conversion rather than a cash purchase).

Key Details

• Transaction date: 2026-07-28 (Form filed 2026-07-30).
• Sale: 5,000 shares disposed in open market; weighted average price $65.20; total ≈ $326,000. Reported trade prices ranged from $65.02 to $65.52 (see footnote F1).
• Derivative activity: Conversion(s) of derivative securities into shares recorded (Column 4 $0.00) — these reflect conversion of LLC units/Class B shares into Class A shares (see F3).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: Weighted average sale price; multiple trades between $65.02–$65.52; detailed breakdown available upon request.
  • F2: Holdings reflected are held directly by the Chick & The Bear Irrevocable Trust and indirectly by Ms. Kebodeaux in her capacity as trustee.
  • F3: Each LLC Unit plus a Class B share can be converted into one Class A share; LLC Units do not expire.
• Timing: Filing date is two days after the transaction date; the filing does not indicate a late report designation in the provided data.

Context

• This was a sale, which is common insider activity and does not by itself indicate the insider’s view of the company’s prospects. The zero price on conversion lines indicates conversion of derivative securities (LLC Units/Class B shares) into Class A common stock rather than a cash purchase. As a 10% owner acting through a trust, this is institutional/owner-level trading rather than an executive compensation exercise.