GoDaddy (GDDY) CAO auto-sells 542 shares to cover RSU taxes
Rhea-AI Filing Summary
GoDaddy Inc. Chief Accounting Officer Phontip Palitwanon reported a small insider transaction involving company stock. On June 2, 2026, she disposed of 542 shares of GoDaddy Class A Common Stock at $89.86 per share in an open-market transaction. A footnote explains these shares were sold to satisfy her tax withholding obligations arising from the vesting of Restricted Stock Units, and that such sales occur automatically under company policy rather than as a discretionary trade. After this transaction, she held 19,995 shares directly.
Positive
- None.
Negative
- None.
Insights
Small, routine tax-related insider sale with limited signaling value.
The Chief Accounting Officer of GoDaddy Inc. reported selling 542 shares of Class A Common Stock at $89.86 per share. The filing states this sale was made to cover tax withholding obligations tied to vesting Restricted Stock Units, and occurs automatically under company policy.
Because the transaction is driven by tax requirements rather than a discretionary portfolio decision, it carries weak informational value about management’s view of the stock. Following the sale, the officer still directly owns 19,995 shares, indicating the transaction is small relative to her remaining stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 542 | $89.86 | $49K |
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
Class A Common Stock financial
open-market sale financial
AI-generated analysis. How Rhea-AI works. Not financial advice.