GoDaddy CAO gets RSU grant and sells shares for taxes
GoDaddy Inc. Chief Accounting Officer Phontip Palitwanon reported both an equity grant and a small share sale.
Rhea-AI Filing Summary
GoDaddy Inc. Chief Accounting Officer Phontip Palitwanon reported both an equity grant and a small share sale. On March 3, 2026, Palitwanon received 5,370 shares of Class A common stock as a grant of restricted stock units, at no purchase price.
The RSUs vest quarterly over three years beginning on June 1, 2026, as long as Palitwanon continues as a service provider, and will settle in Class A shares as they vest. On the same date, 766 Class A shares were sold at $87.83 per share solely to cover tax withholding obligations arising from RSU vesting, under an automatic company policy. After these transactions, Palitwanon directly held 21,659 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,370 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 766 | $87.83 | $67K |
Footnotes (2)
- F1. Represents a grant of Restricted Stock Units (RSUs), which vests quarterly over 3 years beginning on June 1, 2026, subject to the Reporting Person continuing to be a Service Provider for the Issuer on each vesting date. Upon vesting of these RSUs, the Reporting Person will receive shares of Class A Common Stock of the Issuer.
- 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.
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