Stephen Jason Christopher 4

What Happened
Stephen Jason Christopher, GoPro's Senior Vice President and General Counsel, reported two dispositions related to restricted stock vesting. On 2026-02-17 he relinquished 3,779 shares at $0.81 each (reported value $3,048) which were cancelled by GoPro to cover federal/state tax withholding. On 2026-02-18 he sold 5,393 shares in an open-market transaction at a weighted average price of $0.80 per share for proceeds of about $4,300. Both actions are disposals (not purchases).

Key Details

• Transaction dates and prices:
  • 2026-02-17: Tax withholding/cancelled shares — 3,779 shares @ $0.81 = $3,048 (Code F; exempt under Section 16b-3(e))
  • 2026-02-18: Open-market sale — 5,393 shares @ weighted avg $0.80 = $4,300 (Code S)
  • Reported price range for the market sale: $0.7869–$0.8123; weighted avg reported (see footnote)
• Shares owned after transaction: Not disclosed in the information provided on this filing.
• Notable footnotes:
  • F1: Shares relinquished were cancelled by the issuer solely to satisfy tax withholding from RSU vesting (not sold for cash).
  • F2: The open-market sale was executed under a pre-existing Rule 10b5-1 plan adopted Aug 19, 2025.
  • F3: The $0.80 figure is a weighted average; multiple sale prices within $0.7869–$0.8123.
• Timeliness: Filing appears timely (Form 4 filed 2026-02-19 for transactions on 2026-02-17 and 02-18).

Context
The 3,779-share line is a standard tax-withholding/cashless-cover transaction tied to RSU vesting and does not represent an active sale for proceeds. The separate ~5.4k-share sale was executed under a pre-set 10b5-1 plan, which schedules trades in advance and is commonly used to avoid timing concerns. Both transactions are small in dollar terms and are routine insider activity rather than a clear signal of company outlook.