Form 4: GoDaddy Chief Accounting Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Nick Daddario, GoDaddy's Chief Accounting Officer, sold 523 shares of Class A Common Stock to cover tax withholding obligations related to vesting Restricted Stock Units.
Summary
- On June 4, 2024, Nick Daddario, the Chief Accounting Officer of GoDaddy Inc., sold 523 shares of Class A Common Stock.
- The sale was executed at a price of $138.088 per share.
- The transaction was to satisfy tax withholding obligations incurred in connection with the vesting of Restricted Stock Units.
- Following the transaction, Daddario directly owns 22,666 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations; no indication of positive or negative implications.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations related to vesting equity.
Stakeholder Impact
- The sale is unlikely to have a significant impact on stakeholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of the stock sale transaction. |
| 06/05/2024 | Date of signature by Attorney-in-Fact. |
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