GoDaddy (NYSE: GDDY) CFO records small automatic share sale for tax withholding
Rhea-AI Filing Summary
GoDaddy Inc.'s Chief Financial Officer Mark McCaffrey reported a small automatic share sale tied to tax obligations. He sold 16 shares of Class A Common Stock on May 18, 2026 at $89.15 per share in an open-market transaction that covered tax withholding from his purchase of shares under GoDaddy's 2024 Employee Stock Purchase Plan. After this transaction, he directly owned 113,186 shares, which includes 199 shares acquired through the plan on May 15, 2026. This filing reflects routine, tax-related administration rather than a discretionary change in his investment position.
Positive
- None.
Negative
- None.
Insights
Routine, tax-driven sale of a very small number of shares.
GoDaddy’s CFO sold 16 shares of Class A Common Stock at $89.15 per share. Footnotes state the sale was to satisfy tax withholding obligations from his purchase under the 2024 Employee Stock Purchase Plan and is executed automatically under company policy.
Following the transaction, he directly holds 113,186 shares, including 199 ESPP shares acquired on May 15, 2026. Given the tiny size of the sale relative to his holdings and its tax-withholding purpose, this appears to be routine administration with limited informational value for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 16 | $89.15 | $1K |
Footnotes (1)
- 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 purchase of shares under the Issuer's 2024 Employee Stock Purchase Plan. In accordance with company policy, shares are automatically sold to cover such obligations. Includes 199 shares acquired by the Reporting Person under the Issuer's 2024 Employee Stock Purchase Plan on May 15, 2026.