GoPro (GPRO) director granted 110,181 RSUs vesting by 2027 with CIC acceleration
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Culp Hogue Emily S. reported acquisition or exercise transactions in this Form 4 filing.
GoPro, Inc. director Emily S. Culp Hogue reported receiving an equity award tied to GoPro stock. She was granted 110,181 restricted stock units that vest 100% on the earlier of the company’s 2027 annual stockholder meeting or June 2, 2027, as long as she remains in continuous service. Following this grant, she directly holds 237,539 shares-based units. The award will fully accelerate and become vested if a Change in Control occurs under GoPro’s 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Culp Hogue Emily S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 110,181 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 237,539 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 110,181 units
Post-grant holdings: 237,539 units
Vesting date: June 2, 2027
+1 more
4 metrics
RSU grant size
110,181 units
Restricted stock units awarded on June 2, 2026
Post-grant holdings
237,539 units
Total direct holdings following the reported award
Vesting date
June 2, 2027
Latest possible full vesting date for RSUs
Alternative vesting trigger
2027 annual stockholder meeting
Earliest vesting date if meeting occurs before June 2, 2027
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
"Change in Control (as defined under the Company's 2024 Equity Incentive Plan, as amended)..."
FAQ
What did GoPro (GPRO) director Emily S. Culp Hogue report in this Form 4?
She reported an equity grant of 110,181 restricted stock units. These units are tied to GoPro Class A Common Stock and represent compensation rather than an open-market stock purchase or sale.
How many GoPro (GPRO) restricted stock units did the director receive?
She received 110,181 restricted stock units. This award vests in full on the earlier of GoPro’s 2027 annual stockholder meeting or June 2, 2027, assuming she continues to provide service to the company.
When do Emily S. Culp Hogue’s GoPro (GPRO) RSUs vest?
The RSUs vest 100% on the earlier of the 2027 annual stockholder meeting or June 2, 2027. Vesting depends on her continuous service with GoPro until that vesting date is reached.
What happens to the GoPro (GPRO) RSU award if there is a Change in Control?
If a Change in Control occurs, the RSUs will accelerate and become fully vested. The term Change in Control is defined under GoPro’s 2024 Equity Incentive Plan, as amended, which governs this equity award.