GoDaddy (NYSE: GDDY) legal chief awarded 24,164 RSUs, sells 223 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. Chief Strategy & Legal Officer Jared F. Sine reported a new equity award and a small tax-related share sale. He was granted 24,164 Restricted Stock Units that vest quarterly over three years beginning on June 1, 2026, delivering Class A common shares as they vest. Separately, 223 shares of Class A common stock were sold at $87.83 per share to cover tax withholding from a prior RSU vesting under company policy. After these transactions, he directly holds 85,609 shares of GoDaddy Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 223 shares ($19,586)
Net Sell
2 txns
Insider
Sine Jared F.
Role
Chief Strategy & Legal Officer
Sold
223 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 24,164 | $0.00 | -- |
| Sale | Class A Common Stock | 223 | $87.83 | $20K |
Holdings After Transaction:
Class A Common Stock — 85,832 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 equity award did GoDaddy (GDDY) executive Jared F. Sine receive?
Jared F. Sine received a grant of 24,164 Restricted Stock Units. These RSUs vest quarterly over three years starting June 1, 2026, and each vested unit will deliver one share of GoDaddy Class A common stock, aligning compensation with future company performance.
How do Jared F. Sine’s new GoDaddy RSUs vest over time?
The 24,164 RSUs granted to Jared F. Sine vest quarterly over three years, beginning on June 1, 2026. Continued service with GoDaddy is required on each vesting date, gradually delivering Class A common shares as they vest.
Does the RSU grant to Jared F. Sine involve any cash payment?
The RSU grant of 24,164 units to Jared F. Sine is recorded at a $0.00 grant price. It represents stock-based compensation, not a cash transaction, and will convert into GoDaddy Class A shares over time as the units vest.