Palitwanon Phontip 4
4 · GoDaddy Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
GoDaddy (GDDY) CAO Phontip Palitwanon Sells 542 Shares
What Happened
Phontip Palitwanon, Chief Accounting Officer of GoDaddy Inc. (GDDY), sold 542 shares of Class A common stock in an open-market/private sale on June 2, 2026. The shares were disposed at $89.86 per share for a total value of approximately $48,704. This sale was made to satisfy tax withholding obligations related to the vesting of restricted stock units and is routine rather than necessarily a sign of changed sentiment.
Key Details
- Transaction date: 2026-06-02; Filing date: 2026-06-04 (appears timely).
- Price per share: $89.86; Shares sold: 542; Gross value: ~$48,704.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Shares were sold automatically to satisfy tax withholding from vested RSUs (company policy).
- Transaction type: Sale to cover tax withholding (routine, not a purchase).
Context
Sales to satisfy tax withholding for vested awards are common and generally reflect compensation-related mechanics rather than an insider expressing a view on the stock. This was not a purchase or exercise indicating additional insider accumulation.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-06-02$89.86/sh−542$48,704→ 19,995 total
Footnotes (1)
- [F1]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.