Form 4: GoDaddy's Chief Accounting Officer Reports Stock Transactions

Nick Daddario, GoDaddy's Chief Accounting Officer, reports the acquisition and disposal of Class A Common Stock and Employee Stock Options.

Summary

• On March 5, 2024, Nick Daddario, Chief Accounting Officer of GoDaddy Inc., acquired 1,004 shares of Class A Common Stock at $66.87 per share.
• On the same day, Daddario disposed of 3,078 shares of Class A Common Stock at $110.12 per share.
• These transactions were made pursuant to a 10b5-1 trading plan.
• Following these transactions, Daddario directly owns 23,189 shares of Class A Common Stock.
• Daddario also exercised an employee stock option for 1,004 shares at a price of $66.87.
• After the transaction, Daddario beneficially owns 3,600 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies like GoDaddy, and are comparable to similar filings from companies like Amazon, Alphabet, and Microsoft.
• The reporting requirements are consistent across all companies listed on US stock exchanges.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
• The transactions are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates