Form 4: GoDaddy COO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
GoDaddy's Chief Operating Officer, Roger Chen, executed a pre-arranged sale of 1,000 Class A Common Stock shares at $145.71 each.
Summary
- Roger Chen, the Chief Operating Officer of GoDaddy Inc. (GDDY), reported a transaction involving the company's Class A Common Stock.
- On September 15, 2025, Chen sold 1,000 shares of Class A Common Stock.
- The shares were sold at a price of $145.71 per share.
- This sale was conducted pursuant to a Rule 10b5-1 trading plan, which allows insiders to set up a pre-scheduled plan to buy or sell company stock.
- Following this transaction, Roger Chen beneficially owns 251,949 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral. The transaction is a routine insider sale executed under a pre-arranged 10b5-1 trading plan, which typically does not signal a change in management's outlook on the company's prospects. The number of shares sold is also relatively small compared to the total beneficial ownership.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
Insider transactions, particularly those executed under a Rule 10b5-1 trading plan, are common occurrences for executives of publicly traded companies. These plans are typically established in advance to allow for the systematic sale of shares over time, often for personal financial planning, without being subject to accusations of trading on material non-public information.
Stakeholder Impact
- Shareholders: The sale of a relatively small number of shares by a COO under a 10b5-1 plan is unlikely to have a significant impact on shareholder sentiment or the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 09/15/2025 | Date of transaction where 1,000 shares of Class A Common Stock were sold. |
| 09/17/2025 | Date the Form 4 statement was signed and filed. |
Keywords
GoDaddy, GDDY, Insider Transaction, Form 4, Stock Sale, Roger Chen, Chief Operating Officer, 10b5-1 Plan
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