10 unchanged sentences
The declaration and payment of any dividends by Goosehead Insurance, Inc.
−Removed: will be at the sole discretion of our board of directors, which may change our dividend policy at any time.
+Added: is at the sole discretion of our board of directors, which may change our dividend policy at any time.
Our board of directors will take into account:
8 unchanged sentences
If Goosehead Financial, LLC makes such distributions, the Pre-IPO LLC Members will be entitled to receive equivalent distributions from Goosehead Financial, LLC.
−Removed: However, because we must pay taxes, make payments under the tax receivable agreement and pay our expenses, amounts ultimately distributed as dividends to holders of our Class A common stock are expected to be less than the amounts distributed by Goosehead Financial, LLC to the Pre-IPO LLC Members on a per share basis.
+Added: However, because we must pay taxes and make payments under the tax receivable agreement, amounts ultimately distributed as dividends to holders of our Class A common stock are expected to be less than the amounts distributed by Goosehead Financial, LLC to the Pre-IPO LLC Members on a per share basis.
See "Item 13.
2 unchanged sentences
Because our board of directors may determine to pay or not pay dividends to our Class A common stockholders, our Class A common stockholders may not necessarily receive dividend distributions relating to excess distributions, even if Goosehead Financial, LLC makes such distributions to us.
+Added: On January 31, 2025, Goosehead Financial, LLC paid a special cash distribution of $175 million to holders of record of LLC Units, including us, as of the close of business on January 21, 2025.
+Added: In addition, on January 31, 2025, a one-time special cash dividend of $5.91 per share of Class A common stock was paid to holders of record of our Class A
+Added: common stock as of the close of business on January 21, 2025.
+Added: $1.22 of the special dividend was funded by cash received by us from prior tax distributions from Goosehead Financial, LLC that were in excess of the corporate income taxes payable by us.
+Added: The remaining $4.69 of the special dividend was funded by the cash received by us from the distribution by Goosehead Financial, LLC.
Sales of Unregistered Securities
−Removed: Subject to the terms of the amended and restated Goosehead Financial LLC Agreement, each LLC Unit is redeemable (along with the cancellation of the corresponding share of Class B common stock) for one share of Class A common stock
+Added: Subject to the terms of the Amended and Restated Limited Liability Company Agreement of Goosehead Financial, LLC, dated as of May 1, 2018, each LLC Unit is redeemable (along with the cancellation of the corresponding share of Class B common stock) for one share of Class A common stock
Stock Performance Graph
12 unchanged sentences
Issuer Purchases of Equity Securities
+Added: Share repurchase activity during the three months ended December 31, 2024 was as follows (in thousands, except for average price paid per share):
+Added: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
+Added: Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs
+Added: October 1, 2024 - October 31, 2024
+Added: — $— — $36,837
+Added: November 1, 2024 - November 30, 2024
+Added: — $— — $36,837
+Added: December 1, 2024 - December 31, 2024
+Added: — $— — $36,837
+Added: (1) On April 24, 2024, our board of directors approved a share repurchase program with authorization to purchase up to $100 million of our Class A common stock through March 31, 2025 .
Use of Proceeds
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.