GoDaddy (GDDY) officer reports 10b5-1 and tax-related stock sales
Rhea-AI Filing Summary
GoDaddy Inc. reported insider share sales by its Chief Strategy & Legal Officer. On 01/02/2026, the officer sold 475 shares of Class A common stock at $123.61 per share, followed by a sale of 683 shares on 01/05/2026 at $117.27 per share. After these transactions, the officer beneficially owned 61,668 shares of Class A common stock in direct ownership.
The filing notes that the 01/02/2026 sale was made under a Rule 10b5-1 trading plan, which is a pre-arranged stock trading program. It also explains that the 683 shares sold on 01/05/2026 were sold to cover tax withholding obligations related to the vesting of restricted stock units, under a company policy that automatically sells shares to satisfy these obligations.
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FAQ
What insider transactions did GoDaddy (GDDY) report in this Form 4?
The report shows the Chief Strategy & Legal Officer sold 475 shares of Class A common stock on 01/02/2026 at $123.61 per share and 683 shares on 01/05/2026 at $117.27 per share.
How many GoDaddy (GDDY) shares does the reporting officer still own after these trades?
Following the reported transactions, the officer beneficially owned 61,668 shares of GoDaddy Class A common stock in direct ownership.
Was the GoDaddy (GDDY) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the shares sold on 01/02/2026 were sold pursuant to a Rule 10b5-1 trading plan, which is a pre-arranged plan for trading company stock.
Why were some GoDaddy (GDDY) shares sold to cover taxes?
The filing explains that the 683 shares sold on 01/05/2026 were sold to satisfy the officer's tax withholding obligations arising from the vesting of restricted stock units.
What is the reporting person’s role at GoDaddy (GDDY)?
The reporting person is identified as an officer of GoDaddy Inc., serving as Chief Strategy & Legal Officer.
Is this GoDaddy (GDDY) Form 4 filed by one or multiple reporting persons?
The document indicates that the Form 4 is filed by one reporting person, not by a group.