Form 4: GoDaddy CFO Sells Shares for Tax Obligations

GoDaddy's Chief Financial Officer, Mark McCaffrey, sold 3,317 shares of Class A Common Stock to cover tax withholding obligations from vested Restricted Stock Units.

Summary

• Mark McCaffrey, GoDaddy's Chief Financial Officer, sold 3,317 shares of Class A Common Stock on December 2, 2025.
• The shares were sold at a price of $127.94 per share.
• The purpose of the sale was to satisfy tax withholding obligations incurred in connection with the vesting of Restricted Stock Units.
• This transaction was conducted in accordance with company policy, where shares are automatically sold to cover such obligations.
• The sale was made pursuant to a Rule 10b5-1(c) plan.
• Following the transaction, McCaffrey beneficially owns 66,816 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to vested equity. This is a neutral event and does not reflect positively or negatively on the company's operational performance or future prospects.

Positives

• The transaction demonstrates a routine and compliant process for managing equity compensation and tax obligations for company executives.
• The sale was pre-planned under a Rule 10b5-1(c) plan, indicating a structured approach to insider trading compliance.

Negatives

• No negative implications are directly indicated by this routine, tax-related stock sale.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with equity compensation plans. It does not provide specific insights into broader industry trends or competitive positioning.

Comparison to Industry Standards

• The sale of shares to cover tax withholding obligations upon RSU vesting is a standard practice for executives in publicly traded companies across various sectors, including technology and internet services, aligning with typical compensation structures and tax compliance requirements.
• The use of a Rule 10b5-1(c) plan for such transactions is also a common corporate governance practice, demonstrating adherence to SEC regulations regarding insider trading.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's confidence or company fundamentals.
• Employees: No direct impact indicated by this filing.

Key Dates

Keywords

GoDaddy, GDDY, Mark McCaffrey, CFO, Insider Trading, Stock Sale, Form 4, Restricted Stock Units, Tax Withholding, Rule 10b5-1