Form 4: GoDaddy Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jared F. Sine, Chief Strategy & Legal Officer of GoDaddy Inc., sold 10,666 shares of Class A Common Stock to cover tax withholding obligations related to vesting Restricted Stock Units.
Summary
- On April 2, 2025, Jared F. Sine, the Chief Strategy & Legal Officer of GoDaddy Inc., sold 10,666 shares of Class A Common Stock.
- The sale was executed at a price of $179.61 per share.
- This transaction was to satisfy the reporting person's tax withholding obligations incurred in connection with the vesting of Restricted Stock Units.
- Following the transaction, Sine directly owns 69,045 shares of GoDaddy's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally viewed as routine.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of transaction: Jared F. Sine sold shares of Class A Common Stock. |
| 04/03/2025 | Date of signature: Marc Padwe, Attorney-in-Fact, signed the Form 4. |
Keywords
Form 4, GoDaddy Inc., GDDY, Jared F. Sine, Chief Strategy & Legal Officer, Class A Common Stock, Restricted Stock Units, Tax Withholding Obligations, Sale of Shares
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