SelectQuote (SLQT) CFO converts RSUs, surrenders shares for taxes
Rhea-AI Filing Summary
SelectQuote, Inc. Chief Financial Officer Clement Ryan Moore reported equity award activity involving restricted stock units and common shares. On February 28, 2026, restricted stock units covering 20,834 shares were converted into an equal number of common shares, and 7,219 common shares were surrendered at $0.86 per share to cover tax withholding obligations. On March 1, 2026, an additional 6,234 restricted stock units were converted into 6,234 common shares, with 2,161 common shares surrendered at $0.86 per share for taxes. After these transactions, Moore directly held 322,393 shares of SelectQuote common stock. The restricted stock units were granted under the company’s 2020 Omnibus Incentive Plan and each unit represents a contingent right to receive one common share, vesting in three- or four-year annual installments, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,234 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 6,234 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,161 | $0.86 | $2K |
| Exercise | Restricted Stock Units | 20,834 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 20,834 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 7,219 | $0.86 | $6K |
Footnotes (1)
- Represents shares surrendered to the issuer to satisfy withholding taxes owed upon the vesting of restricted stock units previously granted to the recipient pursuant to the 2020 Omnibus Incentive Plan (the "Plan") of SelectQuote, Inc. (the "Company"). Represents restricted stock units of granted to the recipient pursuant to the Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock, par value $0.01 per share. The restricted stock units vest ratably in three annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date. The restricted stock units vest ratably in four annual installments commencing on the one-year anniversary of the grant date, subject to the recipient's continued employment with the Company through the applicable vesting date.