Gopro Inc SEC Filings

Nicholas Woodman, listed as Director, CEO and 10% owner of GoPro, Inc. (GPRO), reported a Form 4 transaction dated 08/15/2025. The filing discloses a disposition of 9,192 shares of Class A common stock at $1.35 per share under code F(1). The explanation states this was an exempt transaction pursuant to Section 16b-3(e), where shares were relinquished and cancelled by the issuer to satisfy federal and state tax withholding obligations arising from the vesting of restricted stock units; the reporting person did not sell shares for any other reason. After the transaction, the filing shows 812,102 shares beneficially owned (direct). The Form 4 is signed by an attorney-in-fact on 08/19/2025.

Brian McGee, EVP, CFO and COO of GoPro, Inc. (GPRO), reported a disposition of 1,507 shares of Class A common stock on 08/15/2025 at $1.35 per share. The filing states these shares were relinquished and cancelled by the company to satisfy federal and state tax withholding obligations arising from the vesting of restricted stock units; the reporting person did not sell the shares for any other purpose. After the transaction, Mr. McGee beneficially owned 930,017 shares of Class A common stock directly and an additional 276 shares indirectly through his spouse. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Dean Jahnke, SVP Global Sales at GoPro (GPRO), reported a Form 4 showing a routine tax-withholding share disposition tied to restricted stock units. On 08/15/2025 Mr. Jahnke relinquished 792 shares of Class A common stock at $1.35 per share that were cancelled by the issuer so the company could satisfy federal and state tax withholding obligations arising from RSU vesting. After the transaction he beneficially owned 574,353 shares, which includes 2,500 shares purchased under the company ESPP on the same date. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

GoPro, Inc. (GPRO) filed a Form 144 disclosing a proposed sale of 30,000 Class A common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $39,276.00. The filing lists approximately 131,924,549 shares outstanding and an approximate sale date of 08/14/2025.

The filing also details the acquisition history for the shares being sold: multiple tranches of restricted stock that vested between 2017 and 2022 (amounts: 10,554; 3,612; 4,395; 4,230; 2,813; 4,396). The document records numerous sales by the GOLDMAN-VALERIOTE FAMILY TRUST on 08/13/2025 of common shares with listed gross proceeds for each transaction. Several issuer and filer identifying fields are not populated in the provided content.

GoPro's Form 144 discloses a proposed sale of 60,000 Class A common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $74,580. The filing lists total shares outstanding as 131,924,549 and gives an approximate sale date of 08/13/2025.

The securities to be sold were acquired primarily through restricted stock vestings under the issuer's registered plans on multiple dates between 2016 and 2022 with specific grant amounts shown. The filing states no securities sold in the past three months and includes the standard representation that the seller does not know any undisclosed material adverse information; the document also references trading-plan provisions under Rule 10b5-1 but does not show a plan adoption date in the visible content.

GoPro, Inc. reported quarterly revenue of $152.6 million and six-month revenue of $287.0 million, with six-month revenue down 16.0% versus prior year. The company recorded an operating loss of $14.0 million for the quarter and $59.2 million for the six months, and a net loss of $16.4 million and $63.1 million, respectively. Cash and cash equivalents declined to $58.6 million from $102.8 million at year-end, and operating cash outflows were $48.4 million for the six months.

The company took a $18.6 million goodwill impairment charge in Q1 2025. Subscription and service revenue represented $26.2 million (17.2%) of quarterly revenue and $53.1 million (18.5%) of six-month revenue. Outstanding convertible senior notes total $93.8 million maturing November 15, 2025. In August 2025 the company obtained a $50.0 million second-lien term loan to support liquidity.

GoPro, Inc. received notice on March 25, 2025 that it was not in compliance with Nasdaq's $1.00 minimum bid price requirement. On August 5, 2025 Nasdaq notified the company that it has regained compliance after the company's stock maintained a closing bid price above $1.00 per share for at least ten consecutive trading days.

This notice confirms GoPro has met Nasdaq's criteria to cure the prior deficiency by sustaining the required market price threshold, resolving the specific noncompliance described in the report.