Insider Cluster (3 insiders) ·Filed May 22, 2026

GSHD

Goosehead Insurance, Inc.
NEUTRAL
Impact 4/10
Horizonweeks Processed4mo ago
Insider cluster: 3 insiders, $3.6M total
Actionable Insight • Neutral

The Chairman's sales are likely liquidity/plan-driven post-derivative exercise, not a bearish signal. However, the cluster's net selling direction and the company's poor historical call performance (17% win rate at T+20) suggest caution. Monitor for any follow-on sales by the Chairman or other C-suite insiders in the next 30 days — a second cluster would be more concerning.

DirectionNeutral
Confidencemedium
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
GSHD ▲ +70.97% at T+60d
NEUTRAL call ✓ call won +70.97% · α vs SPY +68.25% · entry $40.00 → $68.39
Entry anchored
May 22, 2026
via day open
T+1d
-5.80%
call -5.80% · α -5.81%
$37.68
settled 4mo ago
T+5d
-9.75%
call -9.75% · α -10.96%
$36.10
settled 4mo ago
T+20d
+6.65%
call +6.65% · α +8.60%
$42.66
settled 3mo ago
T+60d
+70.97%
call +70.97% · α +68.25%
$68.39
settled 6w ago

Price Chart

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Executive Summary

GSHD insider cluster shows mixed signals: the Executive Chairman's trust sold $3.31M worth of stock (0.22% of market cap) following derivative conversions, while the President/COO and General Counsel made open-market purchases totaling $307K. The Chairman's sales are likely liquidity-driven from derivative exercises, not a bearish signal, but the cluster's net selling direction and the company's poor historical call performance (17% win rate at T+20) warrant caution.

Key Financial Metrics

Direction
selling
Total Value
$4.5M
Insiders
3

Key Facts

  • Executive Chairman's trust sold 79,339 shares at $41.74 for $3.31M on May 22, 2026
  • Executive Chairman's trust also sold 29,238 shares at $40.62 for $1.19M on May 21, 2026
  • President & COO Mark E. Jones Jr. bought 2,600 shares at $37.50 for $99K on May 15, 2026
  • General Counsel Martin Thornthwaite bought 5,000 shares at $41.50 for $208K on May 18, 2026
  • Total insider sales of $4.5M vs. purchases of $307K over the cluster window
  • Chairman's sales followed derivative conversions (82,689 shares at $0 each) — non-cash events
  • Total open-market sales ($4.5M) represent ~0.3% of GSHD's $1.5B market cap

Financial Impact

Net insider selling of ~$4.2M (0.28% of market cap) over the cluster window

insider ownershipfloat

Risk Factors

  • Chairman's sales could continue if derivative conversions persist, increasing float
  • Poor historical model performance on GSHD (avg -8.57% at T+20) suggests the stock has been weak
  • Insider buying by President/COO and GC is small relative to Chairman's sales — not enough to offset

Market Snapshot

Exchange
Nasdaq
Sector
Insurance Agents, Brokers & Service
Analyst Consensus
53% bullish (19 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-GSHD-1779485910462
22 reports for GSHD
Performance horizon
83% Hit rate 5 of 6 directional calls best @ T+60▲ +63.16%May 19, 2026
Filters
Rows
Reports for GSHD — sortable, filterable
TypeNow
Aug 24, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$73.00 $45.76▼ −37.32%▼ −38.63%$45.51 (−37.66%)
Aug 24, 2026
5w ago
Insider Cluster
NEUTRAL ★ 4/10
$73.00 $51.70▼ −29.18%▼ −29.19%$45.51 (−37.66%)
Aug 5, 2026
8w ago
Insider Cluster
MIXED ★ 5/10
$66.66 $67.08▲ +0.63%▲ +0.03%$45.51 (−31.73%)
Aug 4, 2026
8w ago
Insider Cluster
NEUTRAL ★ 3/10
$68.56 $68.45▼ −0.16%▲ +1.08%$45.51 (−33.62%)
Aug 3, 2026
8w ago
Insider Cluster
BULLISH ★ 5/10
$68.56 $68.45▼ −0.16%▲ +1.08%$45.51 (−33.62%)
Jul 30, 2026
9w ago
Insider Cluster
MIXED ★ 5/10
$62.00 $71.26▲ +14.94%▲ +11.95%$45.51 (−26.60%)
Jul 30, 2026
9w ago
Insider Cluster
NEUTRAL ★ 4/10
$63.86 $70.45▲ +10.32%▲ +6.35%$45.51 (−28.73%)
Jul 22, 2026
10w ago
Press Release
BULLISH ★ 8/10
$53.90 $70.70▲ +31.17%▲ +27.86%$45.51 (−15.57%)
Jul 13, 2026
11w ago
8-K
NEUTRAL ★ 3/10
$50.30 $65.31▲ +29.84%▲ +27.35%$45.51 (−9.52%)
Jun 30, 2026
13w ago
Court Ruling
NEUTRAL ★ 4/10
$48.50 $62.00▲ +27.84%▲ +28.86%$45.51 (−6.16%)
Showing 10 of 22

US Market Status

Market Closed — Opens Mon (38h 31m)

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Report published May 22, 2026