GPRO Insider Notice: 111,792 Shares via Goldman Sachs Announced

Rhea-AI Filing Summary

Form 144 notice for GoPro, Inc. (GPRO) reports a proposed sale of 111,792 shares of common stock through Goldman Sachs & Co. LLC with an aggregate market value of $201,225.60 and an approximate sale date of 08/26/2025 on NASD. The filing lists the securities to be sold as shares originally acquired as restricted stock units (compensation) on multiple dates from 05/30/2014 through 09/02/2020. The filing shows total shares outstanding of 131,924,549, so the proposed sale represents approximately 0.085% of outstanding common stock. No securities sold in the past three months are reported and the filer certifies no undisclosed material adverse information is known.

Positive

• Transparent disclosure of proposed sale details including broker, share count, aggregate value, acquisition dates, and outstanding shares
• Sale size is small relative to outstanding shares (~0.085%), suggesting limited market impact
• Securities were acquired as RSUs, indicating the shares originate from compensation rather than an external purchase

Negative

• Insider selling is occurring, which some investors may interpret negatively despite small size
• Form 144 does not disclose whether the sale is pursuant to a trading plan (e.g., Rule 10b5-1) in the visible text

Insights

Securities Analyst

TL;DR: Routine Rule 144 sale notice for a modest number of shares acquired as RSUs; limited market impact expected.

The filing discloses a proposed sale of 111,792 shares valued at $201,225.60 via Goldman Sachs. All lots were acquired as compensation (RSUs) across multiple grant dates from 2014 to 2020. Given the stated 131,924,549 shares outstanding, the sale equals roughly 0.085% of the float, suggesting negligible dilution or market pressure from this single transaction. The filing also indicates no aggregated sales in the past three months, which supports the characterization as a routine insider liquidity event rather than an accelerating disposal pattern.

Corporate Governance Expert

TL;DR: Proper procedural disclosure under Rule 144; filings of RSU-derived sales reflect executive/insider monetization but not a material governance red flag by itself.

The notice follows Rule 144 requirements by identifying acquisition dates, nature of acquisition (restricted stock units), and the broker handling the sale. The diversity of acquisition dates (2014–2020) indicates long-held compensation equity rather than recent grants being immediately sold. The signer attests there is no undisclosed material adverse information, and no sales in the prior three months are reported. From a governance perspective, this is a standard transparency practice and does not alone indicate management misconduct or a governance crisis.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	111792	201225.6	131924549	08/26/2025	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/02/2020	Acquired as compensation -- Restricted Stock Units	Issuer			14445	09/02/2020	Compensation
Common Stock	06/02/2020	Acquired as compensation -- Restricted Stock Units	Issuer			7128	06/02/2020	Compensation
Common Stock	06/04/2019	Acquired as compensation -- Restricted Stock Units	Issuer			4396	06/04/2019	Compensation
Common Stock	09/05/2018	Acquired as compensation -- Restricted Stock Units	Issuer			4395	09/05/2018	Compensation
Common Stock	06/05/2018	Acquired as compensation -- Restricted Stock Units	Issuer			3613	06/05/2018	Compensation
Common Stock	03/06/2018	Acquired as compensation -- Restricted Stock Units	Issuer			3612	03/06/2018	Compensation
Common Stock	12/06/2017	Acquired as compensation -- Restricted Stock Units	Issuer			3612	12/06/2017	Compensation
Common Stock	09/06/2017	Acquired as compensation -- Restricted Stock Units	Issuer			3612	09/06/2017	Compensation
Common Stock	06/06/2017	Acquired as compensation -- Restricted Stock Units	Issuer			2624	06/06/2017	Compensation
Common Stock	03/06/2017	Acquired as compensation -- Restricted Stock Units	Issuer			2624	03/06/2017	Compensation
Common Stock	12/06/2016	Acquired as compensation -- Restricted Stock Units	Issuer			2624	12/06/2016	Compensation
Common Stock	09/06/2016	Acquired as compensation -- Restricted Stock Units	Issuer			2624	09/06/2016	Compensation
Common Stock	06/06/2016	Acquired as compensation -- Restricted Stock Units	Issuer			127	06/06/2016	Compensation
Common Stock	03/08/2016	Acquired as compensation -- Restricted Stock Units	Issuer			126	03/08/2016	Compensation
Common Stock	12/08/2015	Acquired as compensation -- Restricted Stock Units	Issuer			126	12/08/2015	Compensation
Common Stock	09/08/2015	Acquired as compensation -- Restricted Stock Units	Issuer			126	09/08/2015	Compensation
Common Stock	06/02/2015	Acquired as compensation -- Restricted Stock Units	Issuer			408	06/02/2015	Compensation
Common Stock	03/02/2015	Acquired as compensation -- Restricted Stock Units	Issuer			407	03/02/2015	Compensation
Common Stock	12/02/2014	Acquired as compensation -- Restricted Stock Units	Issuer			408	12/02/2014	Compensation
Common Stock	09/02/2014	Acquired as compensation -- Restricted Stock Units	Issuer			407	09/02/2014	Compensation
Common Stock	05/30/2014	Acquired as compensation -- Restricted Stock Units	Issuer			54348	05/30/2014	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does GoPro's (GPRO) Form 144 disclose?

The notice discloses a proposed sale of 111,792 shares of common stock via Goldman Sachs with an aggregate market value of $201,225.60, and an approximate sale date of 08/26/2025.

How were the shares being sold by GPRO acquired?

The filing shows the shares were acquired as restricted stock units (compensation) on multiple dates between 05/30/2014 and 09/02/2020.

What percentage of GoPro's outstanding shares does this sale represent?

Using the filing's figures, 111,792 shares versus 131,924,549 outstanding shares equals approximately 0.085% of outstanding common stock.

Did the filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale in the Form 144?

The broker named in the filing is Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282.