Lafrades Charles 4
4 · GoPro, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
GoPro (GPRO) Chief Accounting Officer Receives RSU Awards
What Happened
Charles Lafrades, GoPro's Chief Accounting Officer, was granted two restricted stock unit (RSU) awards on May 15, 2026 totaling 55,042 shares (30,042 and 25,000 RSUs). On the same date he relinquished 12,193 shares (disposed) at an indicated value of $1.11 per share to cover tax withholding obligations totaling $13,534. The awards are reported as acquisitions (code A) and the share relinquishment for taxes is reported under code F.
Key Details
- Transaction dates: May 15, 2026 (reported on Form 4 filed May 19, 2026). Filing appears timely.
- Grants: 30,042 RSUs (vest 100% on May 15, 2026; footnote F1) and 25,000 RSUs (vest over three years: one-sixth on each of the first six semi‑annual anniversaries beginning May 15, 2026; footnote F2).
- Tax withholding: 12,193 shares were relinquished/cancelled to satisfy federal and state withholding; reported value $1.11/share, total $13,534 (footnote F3). These shares were not sold on the open market.
- Shares owned after the transaction: not specified in the provided filing.
- Exemption/notes: Tax withholding treated as an exempt transaction under Section 16b-3(e) per the filing.
Context
RSU grants are a common form of executive compensation and do not necessarily indicate a buying or selling signal. The relinquishment of shares to cover taxes is routine (a cashless/withholding mechanism) and should not be interpreted as a market sale.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-15+30,042→ 151,643 total - Award
Class A Common Stock
[F2]2026-05-15+25,000→ 176,643 total - Tax Payment
Class A Common Stock
[F3]2026-05-15$1.11/sh−12,193$13,534→ 164,450 total
Footnotes (3)
- [F1]Represents an award of restricted stock units ("RSUs") that will vest 100% on May 15, 2026.
- [F2]Represents an award of RSUs that vests over a three-year period as follows: one-sixth of the full number of shares shall vest on each of the first six semi-annual anniversaries of May 15, 2026, subject to the Reporting Person's continuous status as an employee or service provider through each vesting date.
- [F3]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.