GoDaddy CEO sells 12,694 shares near $100
GoDaddy’s CEO reported September 2026 stock sales, including automatic sales to cover tax withholding on vested RSUs.
Rhea-AI Filing Summary
GoDaddy Inc. (GDDY) reported that Chief Executive Officer and director Amanpal Singh Bhutani disclosed two sales of Class A Common Stock in early September 2026 totaling 12,694 shares. On September 1, 2026, 4,500 shares were sold pursuant to a Rule 10b5-1 trading plan, and on September 2, 2026, 8,194 shares were automatically sold to satisfy tax withholding obligations arising from vesting Restricted Stock Units. Post-transaction share holdings are not stated in this filing.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 12,694 shares
Net Sell
2 txns
Insider
Bhutani Amanpal Singh
Role
Chief Executive Officer
Sold
12,694 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 8,194 | $101.19 | $829K |
| Sale | Class A Common Stock F1 | 4,500 | $97.44 | $438K |
Holdings After Transaction:
Class A Common Stock — 504,553 shares (Direct)
Footnotes (2)
- F1. The shares were sold pursuant to a 10b5-1 trading plan.
- F2. Represents shares of Class A Common Stock of the Issuer sold to satisfy the Reporting Person's tax withholding obligations, which were incurred in connection with the vesting of Restricted Stock Units. In accordance with company policy, shares are automatically sold to cover such obligations.
Key Figures
Shares sold September 1, 2026: 4,500 shares
Sale price September 1, 2026: $97.44 per share
Shares sold September 2, 2026: 8,194 shares
+2 more
5 metrics
Shares sold September 1, 2026
4,500 shares
Class A Common Stock sale by CEO under 10b5-1 plan
Sale price September 1, 2026
$97.44 per share
Price for 4,500-share sale of Class A Common Stock
Shares sold September 2, 2026
8,194 shares
Class A Common Stock sold to cover tax withholding
Sale price September 2, 2026
$101.19 per share
Price for 8,194-share sale of Class A Common Stock
Total shares sold
12,694 shares
Aggregate of both reported sales by CEO in this Form 4
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, tax withholding obligations
3 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"incurred in connection with the vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"sold to satisfy the Reporting Person's tax withholding obligations"
FAQ
What insider transactions did GoDaddy (GDDY) disclose for its CEO in this Form 4?
The CEO, Amanpal Singh Bhutani, reported two sales totaling 12,694 shares of GoDaddy Class A Common Stock on September 1 and 2, 2026, consisting of a planned sale and an automatic sale to cover tax withholding on vested RSUs.
Were the CEO’s GoDaddy (GDDY) stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing affirms Rule 10b5-1 plan status, and a footnote states the 4,500-share sale on September 1, 2026 was made pursuant to a 10b5-1 trading plan, indicating it followed a pre-arranged trading instruction.
Does the Form 4 state the CEO’s remaining GoDaddy (GDDY) holdings after these sales?
No. For both reported transactions, the field for total shares following the transaction is left blank, so the CEO’s remaining holdings are not specified in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.