GoPro (GPRO) SVP Dean Jahnke receives 270K RSUs and surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoPro, Inc. senior vice president Dean Jahnke received a grant of 270,270 restricted stock units of Class A common stock that vest over four years. On the same date, 25,830 shares were withheld and cancelled to cover federal and state tax obligations from RSU vesting. After these transactions, he holds 833,164 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jahnke Dean
Role
SVP, Global Sales, CM, RE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 270,270 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 25,830 | $1.11 | $29K |
Holdings After Transaction:
Class A Common Stock — 833,164 shares (Direct, null)
Footnotes (1)
- Represents an award of restricted stock units ("RSUs") that vests over a four-year period as follows: 25% of the RSUs shall vest on May 15, 2027 and 25% of the RSUs shall vest each annual anniversary thereafter, subject to the Reporting Person's continuous status as an employee or service provider through each vesting date. 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
RSU grant: 270,270 units
Tax-withholding shares: 25,830 shares
Tax-withholding reference price: $1.11 per share
+3 more
6 metrics
RSU grant
270,270 units
Restricted stock units awarded to Dean Jahnke on May 15, 2026
Tax-withholding shares
25,830 shares
Shares relinquished and cancelled to cover RSU tax obligations
Tax-withholding reference price
$1.11 per share
Value used for the 25,830-share tax-withholding disposition
Post-grant holdings
833,164 shares
Dean Jahnke’s direct Class A holdings after the RSU grant
Holdings after tax withholding
807,334 shares
Direct Class A holdings shown after tax-withholding disposition line
Initial vesting date
May 15, 2027
First 25% of RSUs vest, then annually thereafter
Key Terms
restricted stock units ("RSUs"), Section 16b-3(e), Rule 16b-3
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that vests over a four-year period"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability"
Rule 16b-3 regulatory
"vesting of 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 transactions did GoPro (GPRO) report for Dean Jahnke?
GoPro reported that SVP Dean Jahnke received 270,270 restricted stock units and had 25,830 shares withheld and cancelled to cover tax obligations from RSU vesting, leaving him with 833,164 Class A shares held directly afterward.
What is the vesting schedule for Dean Jahnke’s new GoPro RSUs?
The 270,270 GoPro RSUs vest over four years. Twenty-five percent vest on May 15, 2027, and another 25% vest on each annual anniversary thereafter, conditioned on Jahnke’s continuous status as an employee or service provider through each vesting date.
Was Dean Jahnke’s GoPro tax-withholding transaction an open-market sale?
No. The filing states all 25,830 shares were relinquished to the issuer and cancelled in exchange for GoPro covering Jahnke’s tax obligations from RSU vesting. The footnote clarifies he did not sell or dispose of these shares for any other reason.