Langston Patrick Ryan 4
Research Summary
AI-generated summary
Goosehead (GSHD) 10% Owner Langston Ryan Receives Award
What Happened
- Langston Patrick Ryan, reported as a 10% owner of Goosehead Insurance, was granted a derivative award covering 6,989 shares on May 5, 2026. The award was reported at a $0.00 acquisition price (i.e., no cash paid at grant). This is an equity award/option grant (an award), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-05; filing date: 2026-05-07 (timely Form 4 filing).
- Instrument/amount: Grant of 6,989 shares (derivative); reported acquisition price $0.00.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The award vests in 12 equal quarterly installments over three years, subject to continued service; full vesting accelerates upon a defined “change in control” of the company.
Context
- This was a grant of an equity award (derivative) rather than an immediate cash purchase or sale. The award only becomes actual owned shares as it vests over time (or sooner if a change in control occurs).
- As a 10% owner, Ryan is a significant shareholder; such grants are common for aligning long‑term incentives but do not by themselves signal a near‑term buy or sell.
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