Form 4: GoPro CEO Nicholas Woodman Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
GoPro's CEO, Nicholas Woodman, disposed of 17,628 shares of Class A Common Stock on February 18, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Nicholas Woodman, CEO and Chairman of the Board of GoPro, Inc., disposed of 17,628 shares of Class A Common Stock.
- The transaction was executed to cover federal and state tax withholding obligations resulting from the vesting of restricted stock units.
- The shares were relinquished by Woodman and cancelled by GoPro in exchange for the company's agreement to pay the tax obligations.
- The price per share was $0.8898.
- Following the transaction, Woodman beneficially owns 830,490 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders and large shareholders, providing transparency into their transactions in the company's stock. This transaction is related to tax obligations, which is a common reason for stock disposals.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 02/20/2025 | Date of signature by Attorney-in-Fact. |
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