GoPro (NASDAQ: GPRO) director gets 110,181 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lyne Susan M reported acquisition or exercise transactions in this Form 4 filing.
GoPro, Inc. director Susan M. Lyne received a grant of 110,181 shares of Class A common stock in the form of restricted stock units. These RSUs vest 100% on the earlier of the company’s 2027 annual stockholder meeting or June 2, 2027, contingent on her continuous service. Following the award, she holds 449,100 shares directly. The RSUs will fully accelerate and vest immediately if a Change in Control, as defined under GoPro’s 2024 Equity Incentive Plan, occurs before the scheduled vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lyne Susan M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 110,181 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 449,100 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 110,181 shares
Grant price per share: $0.00 per share
Shares after transaction: 449,100 shares
+2 more
5 metrics
RSU grant size
110,181 shares
Restricted stock units awarded on June 2, 2026
Grant price per share
$0.00 per share
Compensation-related RSU award, not a market purchase
Shares after transaction
449,100 shares
Total direct holdings following the RSU grant
Vesting date outside event
June 2, 2027
Latest possible vesting date if earlier 2027 meeting has not occurred
Vesting trigger
2027 annual stockholder meeting
RSUs vest 100% at earlier of meeting or 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
"as defined under the Company's 2024 Equity Incentive Plan, as amended), such RSUs shall accelerate"
FAQ
What insider transaction did GoPro (GPRO) report for Susan M. Lyne?
GoPro reported that director Susan M. Lyne received 110,181 restricted stock units of Class A common stock. The award is compensation-based, carries no purchase price, and increases her direct holdings to 449,100 shares after the transaction.
When do Susan M. Lyne’s new GoPro restricted stock units vest?
The 110,181 restricted stock units vest 100% at the earlier of GoPro’s 2027 annual stockholder meeting or June 2, 2027. Vesting is conditioned on Susan M. Lyne’s continuous service with the company through that date.
Is there a Change in Control provision for Susan M. Lyne’s GoPro RSUs?
Yes. If a Change in Control, as defined in GoPro’s 2024 Equity Incentive Plan, occurs before normal vesting, the 110,181 restricted stock units will accelerate and become immediately vested, overriding the standard 2027-based vesting schedule.