Woodman Nicholas 4

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.