Form 4: GoDaddy Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Phontip Palitwanon, Chief Accounting Officer of GoDaddy Inc., sold 10 shares of Class A Common Stock on May 16, 2025, to cover tax withholding obligations related to the Employee Stock Purchase Plan.
Summary
- On May 16, 2025, Phontip Palitwanon, the Chief Accounting Officer of GoDaddy Inc., sold 10 shares of Class A Common Stock.
- The sale was executed at a price of $190.43 per share.
- This transaction was to satisfy tax withholding obligations incurred in connection with the purchase of shares under the company's 2024 Employee Stock Purchase Plan.
- Following the transaction, Palitwanon directly owns 24,055 shares of Class A Common Stock, which includes 139 shares acquired on May 15, 2025, under the 2024 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to tax obligations. It doesn't indicate any positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Reporting Person acquired 139 shares under the Issuer's 2024 Employee Stock Purchase Plan |
| 05/16/2025 | Reporting Person sold 10 shares of Class A Common Stock to satisfy tax withholding obligations |
| 05/19/2025 | Date of Form 4 filing |
Keywords
GoDaddy Inc., Phontip Palitwanon, Class A Common Stock, SEC Form 4, Employee Stock Purchase Plan, Tax Withholding, Insider Trading
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