Form 4: Director Susan Lyne Receives GoPro RSU Grant
Statement of Changes in Beneficial Ownership
GoPro Director Susan M. Lyne was granted 110,181 restricted stock units as part of an equity incentive award.
Summary
- Director Susan M. Lyne acquired 110,181 restricted stock units (RSUs) of GoPro, Inc. Class A Common Stock.
- The transaction occurred on June 2, 2026.
- The RSUs were granted at a price of $0 per share as part of an equity incentive plan.
- Following this transaction, the reporting person's total beneficial ownership is 449,100 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- Vesting is subject to the reporting person's continuous service to the company.
- Value of the equity is subject to market fluctuations in GoPro's stock price.
Future Outlook
The RSUs will vest 100% on the earlier of the 2027 annual stockholder meeting or June 2, 2027, provided the director remains in continuous service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practices designed to incentivize long-term oversight and strategic alignment within the consumer electronics sector.
Comparison to Industry Standards
- The use of RSU grants for board compensation is consistent with standard practices for publicly traded technology companies.
- Vesting schedules tied to annual meetings are common benchmarks for director equity awards.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Award | Grant of 110,181 RSUs to Director Susan M. Lyne under the 2024 Equity Incentive Plan. | 06/02/2026 | Increases director's equity stake, aligning interests with shareholders. |
Stakeholder Impact
- Shareholders: Minimal impact; represents standard director compensation.
Next Steps
- Vesting of the RSU award on or before June 2, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the RSU grant transaction. |
| 06/04/2026 | Date of filing. |
| 06/02/2027 | Vesting date for the RSU award. |
Keywords
GoPro, GPRO, Form 4, Insider Trading, Equity Compensation, Director Compensation
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