GoDaddy (NYSE: GDDY) director receives 2,925 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GARRETT MARK reported acquisition or exercise transactions in this Form 4 filing.
GoDaddy Inc. director Mark Garrett reported an equity compensation grant of 2,925 Restricted Stock Units (RSUs) tied to the company’s Class A Common Stock. These RSUs will fully vest on the day immediately before GoDaddy’s next annual stockholder meeting, provided he continues as a service provider. After this grant, he directly holds 25,289 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GARRETT MARK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,925 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 25,289 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,925 units
Grant price: $0.0000 per share
Shares owned after grant: 25,289 shares
3 metrics
RSUs granted
2,925 units
Equity award to director Mark Garrett on June 3, 2026
Grant price
$0.0000 per share
Compensation-related RSU award, not open-market purchase
Shares owned after grant
25,289 shares
Direct Class A Common Stock holdings following transaction
Key Terms
Restricted Stock Units (RSUs), Service Provider, Class A Common Stock
3 terms
Restricted Stock Units (RSUs) financial
"Represents Restricted Stock Units (RSUs), which shall vest fully on the day immediately prior"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Service Provider financial
"subject to the Reporting Person's continuing to be a Service Provider for the Issuer"
Class A Common Stock financial
"the Reporting Person will receive shares of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did GoDaddy (GDDY) director Mark Garrett report?
Mark Garrett reported receiving 2,925 Restricted Stock Units (RSUs) linked to GoDaddy Class A Common Stock. The grant is recorded at a price of $0.0000 per share, reflecting a compensation award rather than an open-market purchase or sale.
Was Mark Garrett’s GoDaddy Form 4 transaction a market buy or sell?
The filing shows an acquisition by grant or award, not a market trade. Transaction code A and a per-share price of $0.0000 indicate compensation-related RSUs rather than an open-market purchase or sale of GoDaddy stock.
What does the Service Provider condition mean for the GoDaddy RSU grant?
The RSUs vest only if Mark Garrett continues as a Service Provider to GoDaddy through the vesting date. If that service continues, the RSUs convert into an equivalent number of Class A Common Stock shares immediately before the next annual meeting.