KEBODEAUX ADRIENNE 4

What Happened

• The Chick & The Bear Irrevocable Trust (reported as a 10% owner) 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 shares were sold at a weighted average price of $65.03, totaling approximately $325,150. The conversion line items on the Form 4 show derivative-to-common conversions at $0 consideration (i.e., no cash paid for the conversion).

Key Details

• Transaction date: July 28, 2026.
• Sale: 5,000 shares sold in the open market at a weighted average price of $65.03; total proceeds ≈ $325,150.
• Price range: individual sale prices ranged from $65.01 to $65.13 (per footnote F2).
• Conversions: multiple "C" (conversion of derivative) entries for 5,000 shares at $0 — these reflect conversion/reclassification of derivative holdings into common shares (see footnote F4 regarding convertibility of LLC Units/Class B to Class A).
• Ownership/affiliation: Filing notes the Trust holds shares directly and Adrienne Kebodeaux is trustee with family beneficiaries (footnotes F1 and F3). The Trust is a reported 10% owner.
• Shares owned after transaction: not specified in the filing.
• Filing date: Form 4 filed July 30, 2026 reporting the July 28 transactions (appears timely).

Context

• This is a sale by a 10% owner (institutional/large-holder category), not an executive purchase; such transactions can be routine liquidity events.
• The filing shows derivative conversions (no cash), followed by an open-market sale of resulting shares; this is different from an option exercise with cash purchase.
• No indication of awards, tax-withholdings, or a prearranged 10b5-1 plan was disclosed in the Form 4.