Form 4: GoDaddy COO Roger Chen Sells 4,000 Shares of Class A Common Stock
SEC Form 4 Filing
GoDaddy's Chief Operating Officer, Roger Chen, executed a sale of 4,000 shares of Class A Common Stock on June 3, 2024, at a price of $138.84 per share.
Summary
- On June 3, 2024, Roger Chen, the Chief Operating Officer of GoDaddy Inc., sold 4,000 shares of Class A Common Stock.
- The sale was executed at a price of $138.84 per share.
- Following the transaction, Chen directly owns 196,632 shares of GoDaddy's Class A Common Stock.
- The sale was conducted under a pre-arranged 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive stock sale under a pre-arranged plan, indicating a neutral sentiment.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often part of personal financial planning. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific insider information.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the transaction: Roger Chen sold 4,000 shares of Class A Common Stock. |
| 06/05/2024 | Date of signature on the SEC Form 4 filing. |
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