Form 4: GoDaddy COO Sells 1,000 Shares Under 10b5-1 Plan

GoDaddy's Chief Operating Officer, Roger Chen, sold 1,000 shares of Class A Common Stock for $143.53 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Roger Chen, Chief Operating Officer of GoDaddy Inc. (GDDY), reported a transaction involving the company's Class A Common Stock.
• On August 15, 2025, Mr. Chen disposed of 1,000 shares of Class A Common Stock.
• The shares were sold at a price of $143.53 per share.
• This sale was conducted pursuant to a Rule 10b5-1 trading plan, which allows insiders to set up a pre-arranged plan to buy or sell company stock.
• Following this transaction, Roger Chen directly beneficially owns 252,949 shares of GoDaddy Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it's an insider sale, the execution under a 10b5-1 plan mitigates negative interpretations, suggesting a pre-planned financial management decision rather than a reaction to adverse company news.

Positives

• The sale was executed under a Rule 10b5-1 trading plan, indicating it was a pre-scheduled transaction and not a reaction to new, negative material non-public information.

Negatives

• An insider sale, even if pre-planned, reduces the direct equity stake of a key executive in the company.

Risks

• No specific risks were detailed in this Form 4 filing beyond the general perception associated with insider selling, which can sometimes be interpreted negatively by investors.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's portfolio management rather than a strategic company move.

Stakeholder Impact

• Shareholders: May view the insider sale with slight caution, though the 10b5-1 plan reduces concerns about management's confidence in future performance. The impact on share price is likely minimal given the small volume relative to total shares outstanding.

Key Dates

Keywords

GoDaddy, GDDY, Roger Chen, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Chief Operating Officer, Class A Common Stock