Chen Herald Y 4

What Happened

Herald Y. Chen, a director of GoDaddy Inc. (GDDY), received a grant of 2,925 restricted stock units (RSUs) reported on 2026-06-03. The RSUs were granted at a $0.00 price (standard for awards) — reported acquisition value $0 — and are an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (timely within standard reporting window).
• Transaction type/code: A = Award/Grant of RSUs.
• Amount: 2,925 RSUs granted; price reported $0.00 (no cash paid at grant).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote (F1): These RSUs will vest in full on the day immediately prior to the issuer’s next annual meeting of stockholders after the grant’s effective date, subject to the reporting person’s continued service; upon vesting each RSU converts into one share of Class A common stock.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in the provided data.

Context

RSUs are a form of compensation that convert into shares only upon vesting and are common for directors and executives; they do not represent an immediate open-market purchase or sale. Such grants disclose compensation alignment with the company but do not, by themselves, indicate the insider’s near-term trading intentions.