Form 4: GoDaddy CAO Sells Shares for Tax Obligations

GoDaddy's Chief Accounting Officer, Phontip Palitwanon, sold 969 shares of Class A Common Stock to cover tax withholding obligations related to RSU vesting.

Summary

• Phontip Palitwanon, GoDaddy's Chief Accounting Officer, reported a sale of company stock.
• The transaction involved 969 shares of Class A Common Stock.
• The shares were sold at a price of $127.94 per share.
• The sale was conducted on December 2, 2025.
• The purpose of the sale was to satisfy tax withholding obligations incurred from the vesting of Restricted Stock Units (RSUs).
• This sale was executed automatically in accordance with company policy.
• Following the transaction, Phontip Palitwanon beneficially owns 19,452 shares of Class A Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary sale of shares to cover tax obligations upon RSU vesting, which is a common occurrence for executives and not indicative of positive or negative sentiment towards the company's future prospects.

Future Outlook

N/A

Industry Context

This is a routine insider transaction disclosure (Form 4) for a publicly traded company, GoDaddy Inc. Such filings are common across all industries when executives or directors engage in transactions involving company securities, particularly for tax-related sales following RSU vesting.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes and represents a small fraction of the company's outstanding shares.
• Direct impact on the reporting person, Phontip Palitwanon, who has reduced their direct holdings by 969 shares while fulfilling tax obligations.

Key Dates

Keywords

GoDaddy, GDDY, Insider Trading, Form 4, Stock Sale, Chief Accounting Officer, Phontip Palitwanon, Restricted Stock Units, Tax Withholding, 10b5-1 Plan