GoPro COO gets 432,432 RSUs, surrenders shares for tax
GoPro, Inc. President and COO Brian McGee reported routine equity compensation activity.
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Rhea-AI Filing Summary
GoPro, Inc. President and COO Brian McGee reported routine equity compensation activity. He received a grant of 432,432 restricted stock units that vest over four years starting on May 15, 2027. On the same date, 43,324 shares were surrendered back to GoPro at $1.11 per share to cover tax withholding on vesting, which the footnote clarifies were not sold on the market. After these transactions, he holds 1,077,754 shares directly and 276 shares indirectly through his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 432,432 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 43,324 | $1.11 | $48K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units ("RSUs") financial
Section 16b-3(e) regulatory
Rule 16b-3 regulatory
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