Woodman Nicholas 4
4 · GoPro, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
GoPro (GPRO) 10% Owner Nicholas Woodman Sells 10,855 Shares
What Happened
Nicholas Woodman (reported as a 10% owner) relinquished 10,855 GoPro shares on 2026-02-17 to satisfy tax withholding obligations tied to the vesting of restricted stock units. The reported per-share amount is $0.81 for a total reported value of $8,756. This was not an open-market sale but a routine tax-withholding disposition; the shares were cancelled by the issuer in exchange for covering federal/state taxes.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the two-business-day window).
- Reported disposition: 10,855 shares at $0.81 per share; reported total value $8,756.
- Shares owned after transaction: not stated in the provided filing excerpt.
- Footnotes: F1 — transaction exempt under Section 16b-3(e) as shares were surrendered/withheld to cover taxes from RSU vesting; F2 — Woodman and spouse are co-trustees of The Woodman Family Trust (dated Mar 11, 2011).
- Transaction type code: F (tax withholding / payment of exercise price or tax liability).
Context
This was a cashless/tax-withholding action tied to RSU vesting, not a directional sale into the market; such transactions are routine and generally reflect tax obligations rather than a view on the company. As a 10% owner and co-trustee of a family trust, Woodman’s reported relinquishment is administrative in nature.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-02-17$0.81/sh−10,855$8,756→ 792,059 total
- 1,129,944(indirect: By Trust)
Class A Common Stock
[F2]
Footnotes (2)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this line item were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported in this line item for any reason other than to cover required taxes.
- [F2]Mr. Woodman and spouse are the co-trustees of The Woodman Family Trust under Trust Agreement dated March 11, 2011.