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GoPro (NASDAQ: GPRO) CAO disposes 6,386 shares for tax bill

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GoPro, Inc. Chief Accounting Officer Charles Lafrades reported a tax-related share disposition. On the reported date, 6,386 shares of Class A common stock at an indicated price of $0.8066 per share were surrendered to GoPro to cover federal and state tax withholding from vesting restricted stock units.

According to the disclosure, these shares were relinquished and cancelled by the company, and were not sold on the open market or disposed of for any reason other than required taxes. After this exempt transaction, Lafrades directly held 121,601 shares of GoPro Class A common stock.

Positive

  • None.

Negative

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Insider Lafrades Charles
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 6,386 $0.8066 $5K
Holdings After Transaction: Class A Common Stock — 121,601 shares (Direct)
Footnotes (1)
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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 CA 94402

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/17/2026 F(1) 6,386 D $0.8066 121,601 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/ Tyler Gee, Attorney-in-Fact for Charles Lafrades 02/19/2026
** 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.

FAQ

What insider transaction did GoPro (GPRO) report for Charles Lafrades?

GoPro reported that Chief Accounting Officer Charles Lafrades had 6,386 Class A shares withheld to pay tax obligations from vesting restricted stock units. The shares were cancelled by GoPro, and no open-market sale or discretionary trading occurred in this transaction.

Was the GoPro (GPRO) insider transaction by Charles Lafrades an open-market sale?

No, the transaction was not an open-market sale. Shares were relinquished and cancelled solely to cover federal and state tax withholding from restricted stock unit vesting, under an exempt Section 16b-3(e) tax-withholding disposition arrangement with GoPro.

How many GoPro (GPRO) shares did Charles Lafrades dispose of for taxes?

Charles Lafrades disposed of 6,386 shares of GoPro Class A common stock to satisfy tax withholding. These shares were withheld and cancelled by GoPro in connection with vesting restricted stock units, rather than sold on the market or transferred to another investor.

What was Charles Lafrades’ GoPro (GPRO) shareholding after the tax-withholding transaction?

After the tax-withholding disposition, Charles Lafrades directly owned 121,601 shares of GoPro Class A common stock. This figure reflects his remaining beneficial holding following the cancellation of 6,386 shares used to satisfy his federal and state tax obligations.

Why is the GoPro (GPRO) Charles Lafrades Form 4 transaction considered exempt?

The transaction is described as exempt under Section 16b-3(e) because shares were delivered or withheld solely to satisfy tax liabilities from vesting restricted stock units. GoPro cancelled these shares in exchange for covering the insider’s federal and state tax withholding obligations.