Thornthwaite Martin Ellis 4

What Happened

• Thornthwaite Martin Ellis, General Counsel of Goosehead Insurance, received a grant/award of 30,000 derivative shares (transaction code A) on 2026-04-03. The reported acquisition price is $0.00 (an equity award/option-style grant), so no cash changed hands at grant.

Key Details

• Transaction date: 2026-04-03; Form 4 filed: 2026-04-07 (filed within the typical two-business-day window).
• Amount: 30,000 derivative shares granted; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the excerpt of the filing provided.
• Footnote (vesting): One‑third of the shares vest on each of the first, second and third anniversaries of the grant date, subject to continued employment. All shares will vest if the reporting person’s employment is terminated without cause or for good reason within six months following a change in control (per the Issuer’s plan and award agreement).

Context

• This is a compensation/retention award (derivative grant), not an open‑market purchase or sale. It does not reflect an immediate cash investment or sale and does not indicate that shares were exercised or sold. Such grants are commonly used to align executives’ incentives with long-term performance and retention.