secwatch.observer — SEC 8-K summary
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Issuer:     GoDaddy Inc. (GDDY)
CIK:        0001609711
Form:       8-K/A
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001609711-24-000188
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoDaddy CAO Nicholas Daddario departs; separation agreement provides $261k lump sum, leave through March 2025
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- Employment as CAO ended Nov 6, 2024; will support transition through Dec 13, 2024.
- Paid leave of absence from Dec 14, 2024 to Mar 7, 2025 with continued salary, benefits, and equity vesting.
- Lump sum separation payment of ~$261,000 (281 days of base salary) plus FY2024 MBO bonus eligibility.
- COBRA premium payments through Dec 31, 2025 or $14,374 lump sum in lieu; up to 6 months outplacement.
- Separation agreement includes release of claims, non-disparagement, and confidentiality obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000188/0001609711-24-000188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609711/000160971124000188/gddy-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001609711-24-000188

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer