GoPro (GPRO) CEO Nicholas Woodman surrenders 10,855 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoPro, Inc. insider Nicholas Woodman, the company’s CEO, Chairman, and a more-than-10% owner, reported a tax-related share disposition. On February 17, 2026, 10,855 shares of Class A common stock were withheld at $0.8066 per share to cover federal and state tax obligations from vesting restricted stock units. According to the filing, these shares were relinquished to GoPro and cancelled, and were not sold in the open market or for any purpose other than required tax withholding. After this transaction, Woodman directly held 792,059 Class A shares and indirectly held 1,129,944 Class A shares through The Woodman Family Trust under a March 11, 2011 trust agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woodman Nicholas
Role
CEO, Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 10,855 | $0.8066 | $9K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 792,059 shares (Direct);
Class A Common Stock — 1,129,944 shares (Indirect, By The Woodman Family Trust under Trust Agreement dated March 11, 2011)
Footnotes (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. Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011.
FAQ
What did GoPro (GPRO) CEO Nicholas Woodman report in this Form 4 filing?
Nicholas Woodman reported a tax-related share disposition involving 10,855 shares of GoPro Class A common stock. These shares were withheld and cancelled to satisfy federal and state tax obligations arising from restricted stock unit vesting, rather than sold in the open market for investment purposes.
What indirect GoPro (GPRO) holdings does Nicholas Woodman report through a family trust?
The Form 4 shows 1,129,944 GoPro Class A shares held indirectly through The Woodman Family Trust under a March 11, 2011 trust agreement. Nicholas Woodman and his spouse serve as co-trustees, indicating these shares are reported as indirectly beneficially owned by him.
What does transaction code F mean in Nicholas Woodman’s GoPro (GPRO) Form 4?
Transaction code F indicates an exempt transaction where shares are delivered or withheld to pay an exercise price or tax liability. In this case, 10,855 GoPro shares were cancelled as the issuer covered Nicholas Woodman’s federal and state tax withholding from restricted stock unit vesting.