Form 4: GoDaddy Director Herald Chen Receives RSU Grant

Director Herald Y. Chen was granted 2,925 restricted stock units as part of his compensation for service to GoDaddy Inc.

Summary

• Herald Y. Chen, a Director at GoDaddy Inc., acquired 2,925 Restricted Stock Units (RSUs) on June 3, 2026.
• The RSUs were granted at a price of $0 per share.
• Following this transaction, the reporting person's total beneficial ownership of Class A Common Stock is 21,582 shares.
• The RSUs are scheduled to vest fully on the day prior to the company's next annual meeting of stockholders, contingent upon continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting of the RSUs is subject to the reporting person's continued status as a service provider for the issuer.

Future Outlook

The RSUs will vest on the day immediately prior to the next annual meeting of stockholders, at which point they will convert into Class A Common Stock.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder interests in the technology and web services sector.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for S&P 500 and mid-cap technology companies.
• The vesting schedule tied to the annual meeting is a common retention mechanism for board members.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 2,925 RSUs on the day prior to the next annual meeting of stockholders.

Key Dates

Keywords

GoDaddy, GDDY, Form 4, Insider Trading, Director Compensation, Restricted Stock Units