Form 4: GoDaddy Director Leah Sweet Reports Stock Transactions
SEC Form 4 Filing
Director Leah Sweet reports acquisition of restricted stock units and sale of Class A Common Stock.
Summary
- Leah Sweet, a director of GoDaddy Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 6, 2024, Sweet acquired 1,945 shares of Class A Common Stock through Restricted Stock Units (RSUs) at a price of $0.
- These RSUs will vest fully on the day immediately prior to GoDaddy's next annual meeting of stockholders, contingent upon Sweet's continued service.
- Upon vesting, Sweet will receive shares of Class A Common Stock.
- On June 10, 2024, Sweet sold 1,000 shares of Class A Common Stock at a price of $141.59.
- Following these transactions, Sweet beneficially owns 11,317 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The RSUs will vest fully on the day immediately prior to the Issuer's next annual meeting of stockholders after the effective date of grant, subject to the Reporting Person's continuing to be a Service Provider for the Issuer.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like GoDaddy. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Acquisition of 1,945 shares of Class A Common Stock through Restricted Stock Units (RSUs). |
| 06/10/2024 | Sale of 1,000 shares of Class A Common Stock at $141.59. |
| 06/10/2024 | Date of signature by Attorney-in-Fact, Marc Padwe. |
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