Form 4: GoPro EVP, CFO and COO Brian McGee Reports Changes in Beneficial Ownership

Brian McGee, EVP, CFO and COO of GoPro, Inc., reports changes in beneficial ownership of Class A Common Stock due to vesting of restricted stock units and related tax obligations.

Summary

• On May 15, 2025, Brian McGee, the EVP, CFO, and COO of GoPro, Inc., reported changes in his beneficial ownership of the company's Class A Common Stock.
• He acquired 452,830 shares of Class A Common Stock through the vesting of restricted stock units (RSUs).
• A portion of shares, 16,454, were disposed of to cover federal and state tax withholding obligations resulting from the vesting of these RSUs at a price of $0.6038.
• Following these transactions, McGee directly owns 931,524 shares of Class A Common Stock and indirectly owns 276 shares through his spouse.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation. The acquisition of shares through RSU vesting is a positive sign, but the disposal of shares for tax obligations is a neutral event.

Positives

• The acquisition of shares through RSU vesting indicates confidence in the company's future performance.

Future Outlook

The remaining 75% of the RSUs will vest in equal annual installments on each anniversary of May 15, 2026, subject to continued employment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

Keywords

beneficial ownership, Form 4, GPRO, GoPro, Brian McGee, restricted stock units, RSUs, tax withholding, EVP, CFO, COO