[Form 4] GoPro, Inc. Insider Trading Activity
GoPro, Inc. (GPRO) director William George Brumder II reported a sale of Class A common stock on 09/19/2025. The Form 4 shows a disposition of 12,000 shares at a price of $2.49 per share. After the reported sale, the filing lists the reporting person as beneficially owning 10,838,000 shares and indicates he ceased to be a 10% beneficial owner and is no longer subject to Section 16 reporting obligations.
- Transaction fully disclosed: The Form 4 includes date, share count, price, and signature, meeting regulatory disclosure requirements.
- Reporting person updated Section 16 status: The filing explicitly states the individual ceased to be a 10% beneficial owner.
- None.
Insights
TL;DR: Director sold 12,000 shares at $2.49; filing states he is no longer a 10% owner.
The transaction reported is a straightforward open-market disposition of 12,000 Class A shares at $2.49 on 09/19/2025. The Form 4 records a post-transaction beneficial ownership of 10,838,000 shares and an explicit remark that the reporting person ceased to be a 10% beneficial owner and is no longer subject to Section 16 obligations. From a reporting perspective, this is a routine insider sale disclosure required under Section 16. The filing provides the specific date, share count, and price, enabling exact calculation of proceeds from the sale based solely on the disclosed numbers.
TL;DR: Required Form 4 disclosure shows a small disclosed sale and a change in Section 16 status.
The Form 4 is properly signed and dated 09/26/2025 and includes the required details: reporting person name and address, relationship to issuer (Director), transaction date, transaction code (S for sale), number of shares sold (12,000), and price ($2.49). The filing also contains a clear statement that the reporting person ceased to be a 10% beneficial owner following the disposition. As presented, the document meets the regulatory disclosure elements for changes in beneficial ownership.