GoDaddy CEO Amanpal Singh Bhutani Sells 4,500 Shares for $374,175

GoDaddy CEO Amanpal Singh Bhutani disclosed selling 4,500 shares of GoDaddy Class A common stock on Aug. 3, 2026, for $374,175, according to an SEC Form 4 filing. The sale was made under a pre-arranged Rule 10b5-1 trading plan, which typically reduces concerns about insider timing. The transaction trimmed his direct holdings by just 0.86%, and he still owns 517,247 shares worth about $45.75 million after the sale. The article frames the move as routine insider selling rather than a negative signal, noting that Bhutani retains a meaningful equity stake and no indirect holdings were reported. Market context is mixed: GoDaddy’s shares have fallen 35% over the past year, but the company still shows revenue growth of 7.4% year over year and faster operating profit growth of 24%, with analysts expecting earnings to grow around 20% annually.