GoDaddy (GDDY) Form 144: Proposed 6,000-Share Sale via Morgan Stanley
Rhea-AI Filing Summary
GoDaddy Inc. (GDDY) Form 144 notice shows a proposed sale of 6,000 common shares to be effected approximately on 09/10/2025 through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value reported at $900,000.00. The shares were acquired as restricted stock from the issuer on 03/01/2022. The filer, named in recent sales as Amanpal Bhutani at the provided address, also reported three sales in the past three months totaling 18,950 shares with gross proceeds of $3,006,612.40 across dates 07/02/2025, 08/01/2025 and 09/03/2025. The filing includes a representation that the seller is not aware of undisclosed material adverse information.
Positive
- Required disclosure provided including broker, trade date, number of shares and aggregate market value
- Acquisition details disclosed showing the shares were issued as restricted stock on 03/01/2022
- Past three months sales are listed with dates and gross proceeds, enhancing transparency
Negative
- None.
Insights
TL;DR: Routine Rule 144 disclosure showing an insider sale plan and recent dispositions; appears compliant and procedural.
This Form 144 documents a proposed sale of 6,000 restricted shares acquired 03/01/2022 and scheduled for 09/10/2025 via Morgan Stanley Smith Barney LLC. The filer disclosed recent open-market sales of 6,000, 6,000 and 6,950 shares in July, August and September 2025 with gross proceeds totaling $3,006,612.40. The filing meets Rule 144 notice requirements by identifying broker, number of shares, estimated aggregate market value and acquisition details. No issuer-specific adverse information or trading-plan dates are provided in the remarks section. From a compliance viewpoint, the form supplies the essential data required for public notice of proposed insider resale.
TL;DR: Insider is selling a de minimis stake relative to shares outstanding; market impact likely negligible.
The proposed 6,000-share sale represents a very small fraction of the reported 138,449,017 shares outstanding. Recent completed sales totaling 18,950 shares further indicate ongoing disposition activity, but absolute volumes and proceeds are modest relative to company float. Execution is routed through a major brokerage on the NYSE. Based on the disclosed quantities and values, this activity is unlikely to be market-moving or materially dilutive.