DENNISON MICHAEL C. 4
Research Summary
AI-generated summary
GoPro Director Michael C. Dennison Receives RSU Award
What Happened
Michael C. Dennison, a director of GoPro, Inc. (GPRO), was granted 110,181 restricted stock units (RSUs) on June 2, 2026. The award was reported as an acquisition at $0.00 per share (no cash paid). The filing lists the grant amount as 110,181 RSUs (aggregate $0 in purchase price).
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed within the typical 2-business-day window).
- Award: 110,181 RSUs granted at $0.00 per share (reported acquisition code A).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: RSUs vest 100% upon the earlier of (i) the issuer’s 2027 annual stockholder meeting or (ii) June 2, 2027, subject to Dennison’s continuous service; vesting accelerates upon a Change in Control per the Company’s 2024 Equity Incentive Plan.
Context
RSUs are a grant that convert to actual shares only when they vest; no cash exchanged at grant and this is not an open-market purchase or sale. Awards like this are typically part of board compensation and do not by themselves indicate the director’s near-term trading intent.