Form 4: GoDaddy CFO Reports Equity Transactions

GoDaddy CFO Mark McCaffrey reported the grant of Restricted Stock Units, settlement of Performance Share Units, and subsequent sales to cover tax obligations.

Summary

• GoDaddy Inc.'s Chief Financial Officer, Mark McCaffrey, reported several equity transactions.
• McCaffrey was granted 32,219 Restricted Stock Units (RSUs) on March 3, 2026, which will vest quarterly over three years starting June 1, 2026.
• An additional 33,781 shares of Class A Common Stock were issued on March 3, 2026, from the settlement of Performance Share Units (PSUs) granted on February 24, 2023, based on performance achievement for the period January 1, 2023, through December 31, 2025.
• To satisfy tax withholding obligations incurred from RSU vesting, McCaffrey sold 2,407 shares of Class A Common Stock at $87.83 per share on March 3, 2026.
• An additional 17,406 shares of Class A Common Stock were sold at $88.99 per share on March 4, 2026, also for tax withholding obligations.
• Following these transactions, McCaffrey beneficially owns 113,003 shares of Class A Common Stock directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as slightly positive, reflecting routine executive compensation and the achievement of past performance targets, which aligns management incentives with shareholder value creation.

Positives

• The settlement of Performance Share Units indicates that applicable performance conditions for the period January 1, 2023, through December 31, 2025, were achieved and approved.
• The grant of new Restricted Stock Units aligns the CFO's future incentives with shareholder interests over a three-year vesting period.

Negatives

• A total of 19,813 shares of Class A Common Stock were sold to cover tax withholding obligations, reducing the CFO's direct beneficial ownership.

Future Outlook

The newly granted Restricted Stock Units (RSUs) will vest quarterly over three years, beginning on June 1, 2026, subject to the CFO's continued service to the company.

Industry Context

StockSavvy.ai notes that Form 4 filings detailing executive equity compensation, including RSU grants, PSU vesting, and subsequent tax-related sales, are routine disclosures in the technology and internet services industry. These transactions reflect standard executive compensation practices and performance-based incentives.

Stakeholder Impact

• Shareholders gain transparency into the compensation structure and equity holdings of a key executive, Mark McCaffrey, the Chief Financial Officer.
• The vesting of performance-based units indicates successful achievement of prior company goals, which can be viewed positively by investors.

Next Steps

• The granted Restricted Stock Units will begin vesting quarterly on June 1, 2026, over a three-year period.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, including the grant of new equity awards and the vesting of performance-based units, along with automatic sales to cover tax obligations. These transactions are part of a pre-established compensation plan and do not reflect a discretionary change in the executive's investment sentiment or provide new fundamental information about GoDaddy's business prospects. Therefore, a seasoned investor would likely maintain their current position based solely on this filing.

Keywords

GoDaddy, GDDY, CFO, Mark McCaffrey, Restricted Stock Units, Performance Share Units, Equity Compensation, Insider Transaction, Form 4, Stock Sale, Beneficial Ownership