GoPro (NASDAQ: GPRO) cancels 2,894 insider shares for taxes

Rhea-AI Filing Summary

GoPro, Inc. (GPRO) reported that its Chief Accounting Officer, Charles Lafrades, had 2,894 shares of Class A common stock withheld on August 17, 2026, in a code F transaction. According to the disclosure, all shares were relinquished and cancelled solely to cover federal and state tax withholding obligations arising from the vesting of restricted stock units, and were not sold on the market. After this tax-withholding transaction, Lafrades' directly held position is 161,556 shares of GoPro Class A common stock.

Insider Trade Summary

Net Seller: 2,894 shares

Net Sell 1 txn

Insider Lafrades Charles

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock F1	2,894	$0.6143	$2K

Holdings After Transaction: Class A Common Stock — 161,556 shares (Direct)

Footnotes (1)

1. F1. Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this line item were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this line item for any reason other than to cover required taxes.

Key Figures

Shares withheld for taxes: 2,894 shares Price per share for tax withholding: $0.6143 Shares held after transaction: 161,556 shares +1 more

4 metrics

Shares withheld for taxes 2,894 shares Class A Common Stock withheld in code F transaction on August 17, 2026

Price per share for tax withholding $0.6143 Per-share value used for the 2,894 shares in the code F transaction

Shares held after transaction 161,556 shares Directly held GoPro Class A Common Stock by Charles Lafrades following the transaction

Exercise-price-or-tax-liability shares 2,894 shares Total shares reported under exercise price or tax liability disposition in transaction summary

Key Terms

Section 16b-3(e), restricted stock units, tax withholding obligations, Rule 16b-3

4 terms

Section 16b-3(e) regulatory

"Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price"

restricted stock units financial

"resulting from 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

"agreement to pay federal and state tax withholding obligations of the Reporting Person"

Rule 16b-3 regulatory

"a security issued in accordance with Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

What insider transaction did GoPro (GPRO) report for Charles Lafrades on August 17, 2026?

GoPro reported that Chief Accounting Officer Charles Lafrades had 2,894 shares of Class A common stock withheld and cancelled to cover tax obligations from restricted stock unit vesting, in an exempt code F transaction under Section 16b-3(e).

Did Charles Lafrades sell GoPro (GPRO) shares in the open market in this Form 4?

No. The filing states Lafrades did not sell or otherwise dispose of the shares for any reason other than covering required taxes; the 2,894 shares were relinquished and cancelled to satisfy tax withholding from RSU vesting.

How many GoPro (GPRO) shares does Charles Lafrades hold after the reported transaction?

After the tax-withholding transaction, Charles Lafrades directly holds 161,556 shares of GoPro Class A common stock, as reported in the post-transaction holdings field on the Form 4.

What does the code F transaction mean in GoPro (GPRO) Chief Accounting Officer’s Form 4?

Code F indicates payment of exercise price or tax liability by delivering or withholding securities. Here, GoPro cancelled 2,894 shares to cover Lafrades’ federal and state tax withholding from restricted stock unit vesting.

Is the reported GoPro (GPRO) insider transaction exempt under Section 16b-3(e)?

Yes. The footnote states this is an exempt transaction under Section 16b-3(e), involving shares relinquished and cancelled in exchange for GoPro paying the insider’s tax withholding obligations tied to restricted stock unit vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 05:03 PM Accepted by SEC EDGAR 08/19/2026 - 05:02 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lafrades Charles

(Last) (First) (Middle)

3025 CLEARVIEW WAY

(Street)

SAN MATEO CALIFORNIA 94402

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GoPro, Inc. [ GPRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/17/2026		F(1)		2,894	D	$0.6143	161,556	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this line item were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this line item for any reason other than to cover required taxes.

Remarks:

	/s/ Jason Stephen, Attorney-in-Fact for Charles Lafrades	08/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)