GDDY Insider Sale: CEO Bhutani Disposes 6,000 Shares via 10b5-1
Rhea-AI Filing Summary
GoDaddy Inc. insider sale reported by Amanpal Singh Bhutani. On 09/10/2025 Mr. Bhutani, who is identified as both Chief Executive Officer and a Director, sold 6,000 shares of Class A common stock at $150 per share under a 10b5-1 trading plan. After the sale he beneficially owned 406,065 shares.
The transaction was reported on a Form 4 and executed pursuant to a prearranged 10b5-1 plan, and the filing was signed by an attorney-in-fact on 09/12/2025. No derivative transactions or other securities changes are disclosed in this filing.
Positive
- Sale executed under a 10b5-1 trading plan, indicating the transaction was preplanned and may reduce regulatory/compliance concerns
- Timely and complete disclosure on a filed Form 4 with transaction date, price, amount sold, and post-transaction ownership
Negative
- Reduction in insider holdings: 6,000 shares sold, decreasing beneficial ownership to 406,065 shares
Insights
TL;DR: Routine insider sale under a 10b5-1 plan; limited near-term market impact.
The Form 4 documents a single non-derivative sale of 6,000 Class A shares at $150 each by Amanpal Singh Bhutani on 09/10/2025, leaving 406,065 shares beneficially owned. Because the sale was executed pursuant to a 10b5-1 plan, it appears preplanned rather than opportunistic. The disclosure is clear and complete for this transaction, and absent additional filings or larger disposals there is no immediate quantitative signal of material change to his ownership stake from this single sale.
TL;DR: Compliance-focused disclosure; sale follows an affirmative defense trading plan.
The reporting person is identified as both CEO and Director and the Form 4 explicitly states the shares were sold pursuant to a 10b5-1 trading plan, which provides an affirmative defense under Rule 10b5-1(c). The filing includes the required details: transaction date, price, number of shares sold, and post-transaction beneficial ownership. The timely attorney-in-fact signature on 09/12/2025 supports procedural compliance with Section 16 reporting obligations.