Goosehead Insurance, Inc. Files Definitive Proxy Statement

Ticker: GSHD · Form: DEF 14A · Filed: 2024-03-28T00:00:00.000Z

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Executive Compensation, Stock Awards, Goosehead Insurance

TL;DR

<b>Goosehead Insurance, Inc. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023, detailing executive compensation and stock awards.</b>

AI Summary

Goosehead Insurance, Inc. (GSHD) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. Goosehead Insurance, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024. The filing covers the fiscal year ending December 31, 2023. It includes details on executive compensation for PEO and Non-PEO NEO members. Information on stock award values and fair value of unvested awards is provided for 2020-2023. The company's principal executive offices are located in Westlake, TX.

Why It Matters

For investors and stakeholders tracking Goosehead Insurance, Inc., this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and potential impacts on company performance. Shareholders will use this information to make informed voting decisions on executive pay and other corporate matters at the upcoming meeting.

Risk Assessment

Risk Level: low — Goosehead Insurance, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

Analyst Insight

Review the executive compensation details and stock award valuations to assess alignment with company performance and shareholder interests.

Key Numbers

Key Players & Entities

FAQ

When did Goosehead Insurance, Inc. file this DEF 14A?

Goosehead Insurance, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Goosehead Insurance, Inc. (GSHD).

Where can I read the original DEF 14A filing from Goosehead Insurance, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Goosehead Insurance, Inc..

What are the key takeaways from Goosehead Insurance, Inc.'s DEF 14A?

Goosehead Insurance, Inc. filed this DEF 14A on March 28, 2024. Key takeaways: Goosehead Insurance, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 28, 2024.. The filing covers the fiscal year ending December 31, 2023.. It includes details on executive compensation for PEO and Non-PEO NEO members..

Is Goosehead Insurance, Inc. a risky investment based on this filing?

Based on this DEF 14A, Goosehead Insurance, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures on executive compensation and corporate governance, with no immediate red flags.

What should investors do after reading Goosehead Insurance, Inc.'s DEF 14A?

Review the executive compensation details and stock award valuations to assess alignment with company performance and shareholder interests. The overall sentiment from this filing is neutral.

How does Goosehead Insurance, Inc. compare to its industry peers?

Goosehead Insurance operates in the insurance agents, brokers, and services industry.

Are there regulatory concerns for Goosehead Insurance, Inc.?

The filing is a standard SEC disclosure (DEF 14A) required for public companies.

Industry Context

Goosehead Insurance operates in the insurance agents, brokers, and services industry.

Regulatory Implications

The filing is a standard SEC disclosure (DEF 14A) required for public companies.

What Investors Should Do

  1. Analyze the Summary Compensation Table for PEO and Non-PEO NEOs.
  2. Examine the details of stock awards and their fair values for the covered years.
  3. Review any proposals presented to shareholders for voting.

Year-Over-Year Comparison

This is the initial DEF 14A filing for the period ending December 31, 2023, providing updated executive compensation information compared to previous filings.

Filing Stats: 4,895 words · 20 min read · ~16 pages · Grade level 12.7 · Accepted 2024-03-27 19:19:33

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION 26

EXECUTIVE COMPENSATION 26 Compensation Discussion and Analysis 26 Report of the Compensation Committee of the Board of Directors 33 2023 Summary Compensation Table 34 2023 Grants of Plan-Based Awards 35 Outstanding Equity Awards at 2023 Fiscal Year-End 35 2023 Option Exercises 36 Employment Agreements with NEOs 36 Pension Benefits and Nonqualified Deferred Compensation 36 Termination and Change In Control Benefits 36 Pay versus Performance 36 Pay Ratio 39 DIRECTOR COMPENSATION 40 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 41 Policies and Procedures for Related Person Transactions 41 Related Person Transactions 41 Family and Corporate Relationships 47 INFORMATION ABOUT STOCK OWNERSHIP 48

Security Ownership of Certain Beneficial Owners and Management 49

Security Ownership of Certain Beneficial Owners and Management 49 Delinquent Section 16(a) Reports 50 ADDITIONAL INFORMATION 51 Householding of Proxy Materials 51 Other Matters 51 Annual Reports 51 GOOSEHEAD INSURANCE, INC. 1500 Solana Boulevard, Building 4, Suite 4500 Westlake, Texas 76262 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF SHAREHOLDERS IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE MEETING OF SHAREHOLDERS TO BE HELD ON MAY 6, 2024 The Board of Directors of Goosehead Insurance, Inc. is soliciting your proxy to vote at our 2024 Annual Meeting of Shareholders to be held on May 6, 2024, at 9:00 a.m. local time, at the Company's offices located at 1500 Solana Boulevard, Building 4, Suite 4500, Westlake, Texas 76262, and any adjournment or postponement of that meeting (the "Annual Meeting") . This Proxy Statement is dated as of March 27, 2024. As used in this Proxy Statement, unless otherwise stated or the context clearly indicates otherwise, the terms the "Company," the "Registrant," "Goosehead," "we," "us" and "our" refer to Goosehead Insurance, Inc., a Delaware corporation. In addition to solicitations by mail, our directors, officers and regular employees, without additional remuneration, may solicit proxies by telephone, e-mail and personal interviews. All costs of solicitation of proxies will be borne by us. Brokers, custodians and fiduciaries will be requested to forward proxy soliciting material to the owners of stock held in their names, and we will reimburse them for their reasonable out-of-pocket expenses incurred in connection with the distribution of proxy materials. We have elected to provide access to our proxy materials on the Internet. Accordingly, we are sending a Notice of Internet Availability of Proxy Materials to our shareholders of record as of March 11, 2024 (the "Record Date"), while brokers and other nominees who hold shares on behalf of beneficial owners will be sending their own similar

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