GoDaddy (GDDY) director Sigal Zarmi sells 350 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. director Sigal Zarmi sold 350 shares of Class A Common Stock in an open-market transaction at $87.84 per share. The sale was made under a Rule 10b5-1 trading plan, and Zarmi now directly holds 5,708 GoDaddy shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 350 shares ($30,744)
Net Sell
1 txn
Insider
Zarmi Sigal
Role
null
Sold
350 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 350 | $87.84 | $31K |
Holdings After Transaction:
Class A Common Stock — 5,708 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 350 shares
Sale price: $87.84 per share
Shares after transaction: 5,708 shares
3 metrics
Shares sold
350 shares
Open-market sale of Class A Common Stock
Sale price
$87.84 per share
Price received in the reported transaction
Shares after transaction
5,708 shares
Direct holdings following the sale
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
What insider transaction did GoDaddy (GDDY) director Sigal Zarmi report?
Sigal Zarmi reported selling 350 shares of GoDaddy Class A Common Stock. The transaction was an open-market sale at $87.84 per share, reducing her direct holdings to 5,708 shares after completion of the trade.
Does the Form 4 show any GoDaddy (GDDY) option exercises by Sigal Zarmi?
No option exercises are reported in this Form 4. The filing lists one non-derivative transaction: an open-market sale of 350 shares of Class A Common Stock, with no derivative positions or exercises shown in the derivative summary.