Form 4: GoDaddy Director Brian Sharples Sells 500 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Brian Sharples, a director at GoDaddy Inc., sold 500 shares of Class A Common Stock at a price of $190.86 per share on May 1, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On May 1, 2025, Brian Sharples, a director of GoDaddy Inc., sold 500 shares of Class A Common Stock.
- The sale was executed at a price of $190.86 per share.
- The transaction was conducted under a 10b5-1 trading plan.
- Following the transaction, Sharples directly owns 21,121 shares of GoDaddy Inc.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale by a company director under a pre-arranged trading plan, which is neither particularly positive nor negative.
Industry Context
Sales by insiders are a common occurrence and are often pre-planned through 10b5-1 trading plans to avoid accusations of trading on inside information. The sale represents a very small percentage of the director's holdings.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the small size of the transaction and the use of a 10b5-1 plan mitigate any significant concerns.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock sale transaction |
| 05/05/2025 | Date of Form 4 filing |
Keywords
GoDaddy Inc., Brian Sharples, Form 4, Stock Sale, 10b5-1 Trading Plan, GDDY, Director
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