Director Shaz Kahng awarded 110K GoPro (GPRO) RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kahng Shaz reported acquisition or exercise transactions in this Form 4 filing.
GoPro, Inc. director Shaz Kahng reported receiving an equity compensation grant of 110,181 restricted stock units tied to the company’s Class A Common Stock. These RSUs will vest 100% on the earlier of the company’s 2027 annual stockholder meeting or June 2, 2027, if she remains in continuous service. Following this award, Kahng directly holds 424,455 shares. The award will also fully accelerate and vest upon a qualifying Change in Control under GoPro’s 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kahng Shaz
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 110,181 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 424,455 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 110,181 units
Total holdings after grant: 424,455 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
110,181 units
Award of restricted stock units to director on June 2, 2026
Total holdings after grant
424,455 shares
Director’s direct Class A Common Stock holdings following the award
Grant price per share
$0.0000 per share
Compensation award, not an open-market purchase
Vesting date
June 2, 2027
Latest possible 100% vesting date, or earlier 2027 annual meeting
Plan year
2024
RSUs granted under GoPro’s 2024 Equity Incentive Plan
Key Terms
restricted stock units, Change in Control, 2024 Equity Incentive Plan
3 terms
restricted stock units financial
"Represents an award of restricted stock units that will vest 100% upon the earlier"
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.
Change in Control financial
"In the event of a Change in Control (as defined under the Company's 2024 Equity Incentive Plan"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2024 Equity Incentive Plan financial
"as defined under the Company's 2024 Equity Incentive Plan, as amended), such RSUs shall accelerate"
FAQ
What insider transaction did GoPro (GPRO) director Shaz Kahng report?
GoPro director Shaz Kahng reported an equity compensation grant of 110,181 restricted stock units. The units are tied to Class A Common Stock and increase her direct holdings to 424,455 shares after the award, according to the Form 4 filing.
When do Shaz Kahng’s new GoPro (GPRO) restricted stock units vest?
The 110,181 restricted stock units vest 100% on the earlier of GoPro’s 2027 annual stockholder meeting or June 2, 2027. Vesting is contingent on Kahng’s continuous service with the company through that date under the equity incentive plan.
What triggers accelerated vesting of Shaz Kahng’s GoPro (GPRO) RSUs?
The RSUs will accelerate and become fully vested if a Change in Control occurs, as defined in GoPro’s 2024 Equity Incentive Plan. In such an event, the 110,181 restricted stock units would vest immediately instead of waiting until the scheduled 2027 vesting date.
Are Shaz Kahng’s GoPro (GPRO) RSUs an open-market stock purchase?
No, the Form 4 describes a grant of 110,181 restricted stock units as compensation, not an open-market purchase. The shares are awarded at no cash cost per share and vest over time or upon a qualifying Change in Control event.