GoDaddy CEO sells shares to cover RSU taxes
GoDaddy Inc. Chief Executive Officer Amanpal Singh Bhutani reported an open-market sale of 8,373 shares of Class A Common Stock at $89.86 per share.
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Rhea-AI Filing Summary
GoDaddy Inc. Chief Executive Officer Amanpal Singh Bhutani reported an open-market sale of 8,373 shares of Class A Common Stock at $89.86 per share. According to the footnote, these shares were sold automatically to cover his tax withholding obligations related to vesting Restricted Stock Units. After this tax-related sale, he continues to hold 521,747 shares directly, indicating the transaction represents a small portion of his overall ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,373 | $89.86 | $752K |
Footnotes (1)
- F1. 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
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
open-market sale financial
FAQ
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What insider transaction did GoDaddy (GDDY) report for its CEO?
What does the footnote in the GoDaddy (GDDY) Form 4 say about the CEO’s sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.