---
schema_version: "secwatch.filing_event.v1"
accession: "0001500435-25-000008"
form_type: "8-K"
ticker: "GPRO"
cik: "0001500435"
company_name: "GoPro, Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:40:52.912083+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GoPro CEO Nicholas Woodman waives salary for remainder of 2025 to reduce costs

## Summary
- CEO voluntarily waived his base salary from March 19, 2025 through Dec 31, 2025 to help cut operating expenses.
- Waiver does not constitute Good Reason or CIC Good Reason under his employment agreement.
- Severance and bonus calculations will be based on pre-waiver base salary rate.
- Base salary will resume at the prior rate on January 1, 2026.
- Woodman has no entitlement to any true-up, gross-up, or similar compensation for the waiver.

## SEC filing metadata
- accession: 0001500435-25-000008
- form_type: 8-K
- ticker: GPRO
- cik: 0001500435
- company_name: GoPro, Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000008/0001500435-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500435/000150043525000008/gpro-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500435-25-000008
- JSON: https://secwatch.observer/filing/0001500435-25-000008.json
- Plain text: https://secwatch.observer/filing/0001500435-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.