Form 4: GoDaddy Director Graham Smith Acquires 1,945 Shares of Class A Common Stock

Director Graham Smith acquired 1,945 shares of GoDaddy Inc. Class A Common Stock on June 26, 2024, through the vesting of Restricted Stock Units (RSUs).

Summary

• On June 26, 2024, Graham Smith, a director of GoDaddy Inc., acquired 1,945 shares of Class A Common Stock.
• The acquisition was due to the vesting of Restricted Stock Units (RSUs).
• These RSUs will vest on June 26, 2025, contingent upon Smith's continued service to GoDaddy.
• The price per share at the time of acquisition was $0.
• Following the transaction, Smith directly owns 1,945 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: Director acquiring shares is generally a positive sign, indicating confidence in the company's future, but it's a standard RSU vesting, so the impact is moderate.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The RSUs will vest on June 26, 2025, subject to the Reporting Person's continuing to be a Service Provider for the Issuer. Upon vesting of these RSUs, the Reporting Person will receive shares of Class A Common Stock of the Issuer.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. An acquisition of shares by a director is generally viewed positively.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates