Form 4: GoDaddy Director Brian Sharples Receives RSU Grant
Statement of Changes in Beneficial Ownership
Director Brian Sharples acquired 3,843 restricted stock units in GoDaddy Inc. as part of an equity compensation grant.
Summary
- Director Brian Sharples was granted 3,843 Restricted Stock Units (RSUs) on June 3, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the director's total beneficial ownership of Class A Common Stock is 23,800 shares.
- The RSUs vest fully on the day immediately prior to the Issuer's next annual meeting of stockholders, contingent on continued service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard equity grant for a board member.
Risks
- Vesting is subject to the director's continued status as a Service Provider for the company.
Future Outlook
The RSUs will vest on the day prior to the next annual meeting of stockholders, at which point they convert to Class A Common Stock.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the technology sector to ensure board members maintain a vested interest in company performance.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with compensation practices at peer technology companies like Wix, Squarespace, and Shopify.
- The vesting schedule tied to the annual meeting is a standard industry practice for board equity compensation.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 3,843 RSUs on the day prior to the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Date of the RSU grant transaction. |
| 06/05/2026 | Date the Form 4 was filed with the SEC. |
Keywords
GoDaddy, GDDY, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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