Small GoDaddy (NYSE: GDDY) CFO share sale covers RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. Chief Financial Officer Mark McCaffrey reported an automatic sale of 3,958 shares of Class A Common Stock on June 2, 2026 at an average price of $89.86 per share. According to the footnote, these shares were sold to satisfy tax withholding obligations triggered by the vesting of Restricted Stock Units and were sold automatically under company policy. Following this transaction, McCaffrey directly holds 109,228 GoDaddy shares, indicating he retains a substantial equity stake after this routine tax-related sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,958 shares ($355,666)
Net Sell
1 txn
Insider
McCaffrey Mark
Role
Chief Financial Officer
Sold
3,958 shs ($356K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,958 | $89.86 | $356K |
Holdings After Transaction:
Class A Common Stock — 109,228 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 3,958 shares
Average sale price: $89.86 per share
Shares owned after transaction: 109,228 shares
+1 more
4 metrics
Shares sold
3,958 shares
Class A Common Stock sold on June 2, 2026
Average sale price
$89.86 per share
Open-market sale to satisfy tax withholding
Shares owned after transaction
109,228 shares
Direct holdings following the reported sale
Net shares sold
3,958 shares
Net change in position in this Form 4 filing
Key Terms
Restricted Stock Units, tax withholding obligations, open-market sale, Class A Common Stock
4 terms
Restricted Stock Units financial
"incurred in connection with the vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"sold to satisfy the Reporting Person's tax withholding obligations, which were incurred"
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.
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.
FAQ
What did GoDaddy (GDDY) CFO Mark McCaffrey report in this Form 4 filing?
GoDaddy CFO Mark McCaffrey reported an automatic sale of 3,958 Class A shares. The shares were sold at an average price of $89.86 each to cover tax withholding obligations arising from the vesting of Restricted Stock Units, under GoDaddy’s standard policy.