GoDaddy (GDDY) CAO receives 5,370 RSUs and sells 766 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. Chief Accounting Officer Phontip Palitwanon reported both an equity grant and a small share sale. On March 3, 2026, Palitwanon received 5,370 shares of Class A common stock as a grant of restricted stock units, at no purchase price.
The RSUs vest quarterly over three years beginning on June 1, 2026, as long as Palitwanon continues as a service provider, and will settle in Class A shares as they vest. On the same date, 766 Class A shares were sold at $87.83 per share solely to cover tax withholding obligations arising from RSU vesting, under an automatic company policy. After these transactions, Palitwanon directly held 21,659 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 766 shares ($67,278)
Net Sell
2 txns
Insider
Palitwanon Phontip
Role
Chief Accounting Officer
Sold
766 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,370 | $0.00 | -- |
| Sale | Class A Common Stock | 766 | $87.83 | $67K |
Holdings After Transaction:
Class A Common Stock — 22,425 shares (Direct)
Footnotes (1)
- Represents a grant of Restricted Stock Units (RSUs), which vests quarterly over 3 years beginning on June 1, 2026, subject to the Reporting Person continuing to be a Service Provider for the Issuer on each vesting date. Upon vesting of these RSUs, the Reporting Person will receive shares of Class A Common Stock of the Issuer. Represents shares of Class A Common Stock of the Issuer sold to satisfy the Reporting Person's tax withholding obligations, which were incurred in connection with the vesting of Restricted Stock Units. In accordance with company policy, shares are automatically sold to cover such obligations.
FAQ
What insider transactions did GoDaddy (GDDY) disclose for Phontip Palitwanon?
GoDaddy reported that Chief Accounting Officer Phontip Palitwanon received a grant of 5,370 restricted stock units and sold 766 Class A shares. The sale was executed solely to cover tax withholding obligations triggered by RSU vesting under GoDaddy’s automatic share-sale policy.