GoDaddy (GDDY) Insider Sale Filed: 1,000 Shares via Morgan Stanley
Rhea-AI Filing Summary
Form 144 notice for GoDaddy Inc. (GDDY) indicates an intended sale of 1,000 shares of common stock through Morgan Stanley Smith Barney LLC on 08/15/2025 with an aggregate market value listed at $143,530.00. The filing reports there are 138,449,017 shares outstanding, and the shares to be sold were acquired as restricted stock from the issuer on 03/01/2023.
The filer also reports two recent sales by the same person within the past three months: 1,000 shares sold on 07/15/2025 for $169,590.00 and 1,000 shares sold on 06/16/2025 for $175,960.00. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
Positive
- Filing complies with Rule 144 and specifies broker, dates, and acquisition details
- Securities were acquired as restricted stock from the issuer, with acquisition date provided
Negative
- Insider has sold shares recently: two sales in the past three months (06/16/2025 and 07/15/2025)
- No explanation provided for the sales beyond the standard attestation (the filing does not disclose the seller's reason)
Insights
TL;DR: Routine Rule 144 filing showing a small insider sale relative to total shares outstanding; no new material facts disclosed.
The filing documents a planned sale of 1,000 common shares via Morgan Stanley with a stated aggregate value of $143,530. The shares were granted as restricted stock on 03/01/2023, which is consistent with compliant disposition under Rule 144 once applicable conditions are met. Two recent sales of 1,000 shares each in June and July 2025 are disclosed with gross proceeds reported. Given the issuer's reported outstanding share count, the quantities disclosed represent an immaterial percentage of the float and do not by themselves indicate a material change in company capitalization or control.
TL;DR: The filing appears procedural and compliant, documenting insider sales and the required seller attestations under federal rules.
The notice includes the required seller representation regarding absence of undisclosed material adverse information and discloses acquisition details (restricted stock from the issuer). Use of a registered broker and explicit transaction dates supports transparency. No governance actions, executive departures, or corrective disclosures are present in the filing itself.