GoDaddy (GDDY) officer sells 13 shares to cover ESPP tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. Chief Strategy & Legal Officer Jared F. Sine reported an open-market sale of 13 shares of Class A Common Stock at $89.15 per share. According to the footnotes, the shares were sold automatically to satisfy tax withholding obligations related to purchases under GoDaddy's 2024 Employee Stock Purchase Plan.
After this small tax-related sale, Sine holds 77,803 shares of Class A Common Stock directly, including 200 shares acquired under the 2024 Employee Stock Purchase Plan on May 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13 shares ($1,159)
Net Sell
1 txn
Insider
Sine Jared F.
Role
Chief Strategy & Legal Officer
Sold
13 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13 | $89.15 | $1K |
Holdings After Transaction:
Class A Common Stock — 77,803 shares (Direct, null)
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 200 shares acquired by the Reporting Person under the Issuer's 2024 Employee Stock Purchase Plan on May 15, 2026.
Key Figures
Shares sold: 13 shares
Sale price per share: $89.15 per share
Shares held after transaction: 77,803 shares
+1 more
4 metrics
Shares sold
13 shares
Class A Common Stock sold to satisfy tax withholding
Sale price per share
$89.15 per share
Open-market sale on May 18, 2026
Shares held after transaction
77,803 shares
Direct holdings of Jared F. Sine following sale
Shares acquired via ESPP
200 shares
Acquired under 2024 Employee Stock Purchase Plan on May 15, 2026
Key Terms
Employee Stock Purchase Plan, tax withholding obligations, Class A Common Stock, open-market sale
4 terms
Employee Stock Purchase Plan financial
"purchase of shares under the Issuer's 2024 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"sold to satisfy the Reporting Person's tax withholding obligations"
Class A Common Stock financial
"Represents shares of Class A Common Stock of the Issuer sold"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did GoDaddy (GDDY) report for Jared F. Sine?
GoDaddy reported that Jared F. Sine sold 13 shares of Class A Common Stock at $89.15 per share. The sale was an automatic transaction to cover tax withholding obligations tied to purchases under the 2024 Employee Stock Purchase Plan.
Was the GoDaddy (GDDY) insider sale by Jared F. Sine a discretionary stock sale?
The filing indicates the 13-share sale was not discretionary. Shares were automatically sold to satisfy Jared F. Sine’s tax withholding obligations arising from purchases under GoDaddy’s 2024 Employee Stock Purchase Plan, in line with company policy.
How is GoDaddy’s 2024 Employee Stock Purchase Plan involved in this Form 4?
The Form 4 explains that Jared F. Sine incurred tax withholding obligations from purchasing shares under GoDaddy’s 2024 Employee Stock Purchase Plan. To cover these obligations, 13 shares of Class A Common Stock were automatically sold according to company policy.