GoPro (GPRO) SVP uses 13,167 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoPro, Inc. executive Dean Jahnke reported a tax-related share disposition under the company’s equity plan. On February 17, 2026, 13,167 shares of Class A common stock at an indicated price of $0.8066 per share were relinquished and cancelled to cover federal and state tax withholding triggered by vesting of restricted stock units.
The filing notes this was an exempt transaction under Section 16b-3(e), and that Jahnke did not sell the shares in the open market or dispose of them for any reason other than required taxes. After this transaction, he directly held 562,894 shares, which includes 2,500 shares acquired through GoPro’s employee stock purchase plan on February 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jahnke Dean
Role
SVP, Global Sales, CM, RE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,167 | $0.8066 | $11K |
Holdings After Transaction:
Class A Common Stock — 562,894 shares (Direct)
Footnotes (1)
- 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. Includes 2,500 shares acquired under the Issuer's employee stock purchase plan on February 13, 2026.
FAQ
What insider transaction did GoPro (GPRO) report for Dean Jahnke?
GoPro SVP Dean Jahnke reported a tax-withholding disposition of 13,167 Class A shares. The shares were relinquished and cancelled to cover taxes from restricted stock unit vesting, rather than sold in the open market, under an exempt Section 16b-3(e) transaction.
Was Dean Jahnke’s GoPro (GPRO) Form 4 transaction an open-market sale?
No, the Form 4 states Jahnke did not sell shares in the open market. All 13,167 shares were surrendered to GoPro and cancelled solely to satisfy federal and state tax withholding obligations arising from restricted stock unit vesting.
What does Section 16b-3(e) exemption mean for the GoPro (GPRO) Form 4?
The Form 4 identifies the transaction as exempt under Section 16b-3(e). This exemption applies to share dispositions made to satisfy exercise price or tax liabilities in connection with equity awards granted under a qualifying plan, rather than discretionary market trades.
What role does Dean Jahnke hold at GoPro (GPRO) in this Form 4 filing?
The filing lists Dean Jahnke as an officer with the title “SVP, Global Sales, CM, RE.” As a senior vice president, his equity transactions must be reported on Form 4 to disclose changes in his beneficial ownership of GoPro shares.