Form 4: GoDaddy Director Brian Sharples Sells 500 Shares
SEC Form 4
Brian Sharples, a director at GoDaddy Inc., sold 500 shares of Class A Common Stock on April 1, 2025, at a price of $179.85 per share.
Summary
- On April 1, 2025, Brian Sharples, a director at GoDaddy Inc., sold 500 shares of Class A Common Stock.
- The sale was executed at a price of $179.85 per share.
- Following the transaction, Sharples directly owns 21,621 shares of GoDaddy Inc.
- The sale was conducted under a pre-arranged 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was conducted under a pre-arranged 10b5-1 trading plan, suggesting it may not reflect the director's current outlook on the company.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors as they can provide insights into management's perspective on the company's valuation and future prospects. However, sales under 10b5-1 plans are pre-arranged and may not necessarily reflect current sentiment.
Stakeholder Impact
- The sale of shares by a director could potentially create uncertainty among shareholders, although the impact is likely to be minimal given the relatively small number of shares sold and the use of a 10b5-1 trading plan.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Brian Sharples sold 500 shares of GoDaddy Class A Common Stock. |
| 04/03/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
GoDaddy, Brian Sharples, Director, Share Sale, Class A Common Stock, 10b5-1 Trading Plan, GDDY
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