GoDaddy (NYSE: GDDY) CEO nets stock grants and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GoDaddy Inc. Chief Executive Officer Amanpal Singh Bhutani reported multiple Class A common stock transactions. He received an award of 85,916 Restricted Stock Units that vest quarterly over three years beginning on June 1, 2026, and 84,450 shares issued upon settlement of earlier Performance Share Units.
Bhutani also sold 5,231 shares at $87.83 to cover tax withholding tied to restricted stock vesting, and separately sold 34,148 shares in an open-market transaction at $88.99 per share. Following these transactions, he directly held 530,120 shares of GoDaddy Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 39,379 shares ($3,498,269)
Net Sell
4 txns
Insider
Bhutani Amanpal Singh
Role
Chief Executive Officer
Sold
39,379 shs ($3.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 34,148 | $88.99 | $3.04M |
| Grant/Award | Class A Common Stock | 85,916 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 84,450 | $0.00 | -- |
| Sale | Class A Common Stock | 5,231 | $87.83 | $459K |
Holdings After Transaction:
Class A Common Stock — 530,120 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 issued on settlement of Performance Share Units, which were granted on February 24, 2023 and vested on March 3, 2026 based on the level of achievement approved on March 3, 2026 of the applicable performance conditions for the period January 1, 2023 through December 31, 2025 and satisfaction of the applicable service condition. 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 stock transactions did GoDaddy (GDDY) CEO Amanpal Singh Bhutani report?
He reported both stock awards and sales. The CEO received 85,916 Restricted Stock Units plus 84,450 shares from Performance Share Units, and sold 5,231 shares for tax withholding and 34,148 shares in an open-market transaction at $88.99 per share.
What are the terms of the GoDaddy (GDDY) CEO’s new Restricted Stock Units?
The CEO was granted 85,916 Restricted Stock Units that vest quarterly over three years starting June 1, 2026. Vesting requires that he continue as a service provider on each vesting date, after which he receives GoDaddy Class A common shares for vested units.