DEF 14A of GoDaddy Inc.
Filed Apr 24, 2026 · FY20250001609711-26-000030
Our Board of Directors
Our Board of Directors
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement The Board of Directors (the “Board”) has nominated the following directors for election at the Annual Meeting, each for a one-year term that expires at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified or until their earlier resignation, death or removal. The Board unanimously recommends that you vote “FOR” each of the nominees named in Proposal No. 1.
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
| Name and Principal Occupation | | Age | Independent | Director Since | Board Committees | | | Amanpal (Aman) Bhutani Chief Executive Officer, GoDaddy | 50 | | 2019 | | | | Herald Chen Former President and Chief Financial Officer, AppLovin | 56 | | 2014 | A | | | Caroline Donahue Former Executive Vice President and Chief Marketing and Sales Officer, Intuit | 65 | | 2018 | N (Ch) C | | | Mark Garrett Former Executive Vice President and Chief Financial Officer, Adobe | 68 | | 2018 | A (Ch) | | | Brian Sharples — Board Chair Co-founder and Former Chairman and Chief Executive Officer, HomeAway | 65 | | 2016 | | | | Graham Smith Former Executive Vice President and Chief Financial Officer, Salesforce | 66 | | 2024 | A C | | | Leah Sweet Former Senior Vice President, PayPal | 57 | | 2020 | C (Ch) N | | | Srinivas (Srini) Tallapragada President and Chief Engineering and Customer Success Officer, Salesforce | 56 | | 2023 | N | | | Sigal Zarmi Senior Advisor, Boston Consulting Group | 62 | | 2023 | A |
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
| COMMITTEES | | | | | A | Audit and Risk Committee (“Audit Committee”) | N | Nominating and Governance Committee (the “Governance Committee”) | | C | Compensation and Human Capital Committee (“Compensation Committee”) | (Ch) | Committee Chair |
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
| TENURE | | | | <4 years 3/9 | 4-6 years 2/9 | 7+ years 4/9 | | | | | | AGE | | | | 41-55 years 1/9 | 56-65 years 6/9 | 66+ years 2/9 | | | | |
Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
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Proposal No. 1 — Election of directors begins on page 10 of this Proxy Statement
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
Director Nominees Set forth below are the biographies of each director, including information regarding each director’s business experience, director positions held currently or historically and the skills, experiences, qualifications and attributes that caused the Governance Committee to determine that each individual is qualified to serve as a director of the Company. For more detailed discussion of the Board’s composition, including how the Governance Committee and the Board continue to review the makeup of the Board in relation to the Company’s strategy and future outlook, as well as a matrix depicting notable skills and areas of focus for each director, see the section “Board Composition.”
Director Nominees
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Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
| Amanpal (Aman) Bhutani, Chief Executive Officer | | | | Chief Executive Officer, GoDaddy Age: 50 Director since: 2019 Other Current Board Service: The New York Times Company (since September 2018) Zero Link Markets, Inc. (private) | | PROFESSIONAL EXPERIENCE •Chief executive officer, GoDaddy Inc., September 2019 to present •President of the Brand Expedia Group, Expedia Group, Inc., June 2015 to September 2019 •Vice president and senior vice president of Expedia Worldwide Engineering, Expedia Group, Inc., May 2010 to June 2015 •Technology senior director, JPMorgan Chase and Co., September 2008 to May 2010 •Senior vice president of e-commerce technology, Washington Mutual Inc. (acquired by JPMorgan Chase and Co.), 2002 to 2008 SKILLS AND QUALIFICATIONS Mr. Bhutani gained extensive technological expertise from his collective experiences in senior leadership roles at digital and consumer-facing companies, giving him a highly relevant perspective on our innovation efforts as we position the Company for further growth. Mr. Bhutani has over 20 years of experience in technical, management and leadership roles, ushering brands into new eras of innovation and integrating emerging and leading technologies to enhance the customer experience. His leadership and strategic planning experience as president of Brand Expedia Group’s global business operations positions him well to lead the Company as we continue our global growth. | |
Director Nominees
| Brian Sharples — Board Chair | | | | Co-founder, Former Chairman and Chief Executive Officer, HomeAway Age: 65 Director since: 2016 Other Current Board Service: Ally Financial Inc. (since August 2018) eBay Inc. (since March 2026) | | PROFESSIONAL EXPERIENCE •Co-founder and chief executive officer, HomeAway, Inc., April 2004 to September 2016 FORMER BOARD EXPERIENCE •Former director, Avalara, Inc., March 2020 to October 2022 (private) •Former director, Yelp Inc., March 2019 to June 2022 (public) •Former director, Fexy Media, 2015 to 2023 (private) •Former board chair, HomeAway, Inc., April 2004 to December 2015 (public) •Former director, RetailMeNot, Inc., August 2011 to May 2017 (public) SKILLS AND QUALIFICATIONS Mr. Sharples gained extensive experience as an executive in the technology industry and through his entrepreneurial leadership throughout his career. As the co-founder and former chief executive officer of HomeAway, Inc., a global online marketplace, he deeply understands the risks and opportunities involved with operating a global, consumer-centric technology company. The Board greatly benefits from his expertise in technology brand strategy and his knowledge navigating strategic transactions in the technology and e-commerce space as both an executive and a director. Mr. Sharples’s extensive public company board experience brings to the Board a thorough understanding of corporate governance, human capital management, executive compensation and oversight of risk and management. | |
Director Nominees
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Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
| Herald Chen | | | | Former President and Chief Financial Officer, AppLovin Corporation Age: 56 Director since: 2014 Committee Membership: Audit Committee Member Other Current Board Service: AppLovin Corporation (since August 2018) Internet Brands, Inc. (private) | | PROFESSIONAL EXPERIENCE •Advisor to the chief executive officer, AppLovin Corporation, January 2024 to present •President and chief financial officer, AppLovin Corporation, November 2019 to January 2024 •Head of technology, media and telecom, Kohlberg Kravis Roberts & Co. L.P., April 2007 to October 2019 FORMER BOARD EXPERIENCE •Former board chair, BMC Software, Inc., October 2018 to October 2019 (private) •Former board chair, Optiv Inc., December 2016 to October 2019 (private) •Former board chair, Epicor Software Corporation, August 2016 to October 2019 (private) SKILLS AND QUALIFICATIONS Mr. Chen’s deep background in the technology industry and his former role as AppLovin’s chief financial officer, where he led a large technology platform with a global presence, provide him with unique and current insights into leadership and strategic planning in the digital market space. As a former investment professional who was instrumental in defining strategy and driving success across many technology companies, Mr. Chen brings to the Board deep operational and management expertise and governance and oversight of the business. As a member of our Audit Committee, and through his roles as chair at various companies, Mr. Chen brings to the Board a deep understanding of financial and accounting matters, as well as risk management expertise. | |
Director Nominees
| Caroline Donahue | | | | Former Executive Vice President and Chief Marketing and Sales Officer, Intuit Age: 65 Director since: 2018 Committee Membership: Governance Committee Chair; Compensation Committee Member Other Current Board Service: Experian plc (since January 2017) Versapay Corporation (private) | | PROFESSIONAL EXPERIENCE •Chief marketing and sales officer and executive vice president, Intuit Inc., August 2012 to September 2016 •Senior vice president of sales and channel marketing, Intuit Inc., May 1995 until August 2012 SKILLS AND QUALIFICATIONS As the former chief marketing and sales officer of a large technology company, Ms. Donahue provides extensive knowledge of international markets with consumer sales and growth, which is particularly relevant to our global business and strategic focus on customer growth. The Board and leadership team benefit from Ms. Donahue’s insight and extensive experience in mass-market, digital, multi-channel and business-to-consumer distribution, marketing and brand and sales management. Ms. Donahue also offers strong insight to the Board and our leadership team on innovation and consumer-centricity within a consumer-facing technology company. Through her public and private company board experience, Ms. Donahue understands issues pertaining to human capital management, risk management and oversight and corporate governance. | |
Director Nominees
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Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
| Mark Garrett | | | | Former Executive Vice President and Chief Financial Officer, Adobe Age: 68 Director since: 2018 Committee Membership: Audit Committee Chair Other Current Board Service: Snowflake, Inc. (since April 2018) Cisco Systems, Inc. (since April 2018) | | PROFESSIONAL EXPERIENCE •Senior advisor, Permira, June 2021 to present •Senior advisor, General Atlantic, June 2018 to June 2021 •Executive vice president and chief financial officer, Adobe Systems Incorporated, February 2007 to April 2018 •Senior vice president and chief financial officer, Software Group of EMC Corporation (formerly Documentum, Inc.), August 2002 to January 2007 and 1997 to 1999, including through its acquisition by EMC Corporation FORMER BOARD EXPERIENCE •Former director, NightDragon Acquisition Corp., March 2021 to December 2022 (public) •Former director, HireRight, LLC, November 2018 to October 2021 (private) •Former director, Pure Storage, Inc., July 2015 to December 2021 (public) SKILLS AND QUALIFICATIONS Mr. Garrett’s executive leadership roles at EMC and Adobe enable him to provide invaluable insight to our management and Board on long-term strategic, financial and capital planning and financial performance. His ability to complete one of the largest and fastest strategic transitions to a cloud-based subscription model at Adobe gives him an important perspective when guiding our management team through areas of growth and evolution. As a senior advisor at Permira, Mr. Garrett adds to his depth of understanding of technology companies. His extensive financial and accounting experience through his public company directorships, and particularly his role as audit committee chair and member at other technology companies, allows him to provide extensive financial and accounting expertise to enable effective oversight as the chair of our Audit Committee and member of the Board. | |
Director Nominees
| Graham Smith | | | | Former Executive Vice President and Chief Financial Officer, Salesforce Age: 66 Director since: 2024 Committee Membership: Audit Committee Member; Compensation Committee Member Other Current Board Service: Axon Enterprise, Inc. (since March 2023) Procore Technologies, Inc. (since February 2020) | | PROFESSIONAL EXPERIENCE •Interim chief executive officer, Splunk Inc., November 2021 to April 2022 •Executive vice president and chief financial officer and other roles, Salesforce, Inc., December 2007 to June 2015 •Chief financial officer, Advent Software, Inc., January 2003 to December 2007 FORMER BOARD EXPERIENCE •Former director, Splunk Inc., July 2011 to March 2024 (public) •Former director, Blackline, Inc., May 2015 to May 2022 (public) •Former director, Slack Technologies, Inc., December 2018 to July 2021 (public/private) •Former director, Xero Limited, February 2015 to March 2020 (public) •Former director, Citrix Systems, Inc., December 2015 to June 2018 (public) SKILLS AND QUALIFICATIONS Mr. Smith’s leadership experience as a public company chief financial officer and his success advising technology companies through growth at scale are aligned with GoDaddy’s go-forward strategy. The Board and management also benefit from Mr. Smith’s deep financial and accounting expertise gained through his roles at Splunk, Salesforce and Advent Software and his public company directorships. | |
Director Nominees
| GoDaddy Inc. 2026 Proxy Statement | 13 |
Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
| Leah Sweet | | | | Former Senior Vice President, PayPal Age: 57 Director since: 2020 Committee Membership: Compensation Committee Chair; Governance Committee Member Other Current Board Service: BMC Technologies (private) Versapay Corporation (private) | | PROFESSIONAL EXPERIENCE •Senior vice president of global design, delivery and operations and other roles, including chief of staff to the chief executive officer, PayPal Inc., January 2012 to March 2020 •Vice president, customer success, CA Technologies, Inc., April 2010 to December 2011 •Deputy chief information officer, State of Arizona, May 2009 to April 2010 •Vice president, technology strategy and operations, American Express Company, February 2004 to May 2009 FORMER BOARD EXPERIENCE •Former director, Arizona Technology Council, October 2016 to March 2020 (private) SKILLS AND QUALIFICATIONS Ms. Sweet’s extensive senior executive expertise in the fintech and financial services industries, including her experiences at PayPal and American Express, give her deep knowledge into payments and commerce that is invaluable to our Board and leadership as we deliver our commerce solutions for customers. Her prior experiences spearheading successful transformations and driving businesses forward enable her to provide valuable insight to the Board regarding oversight of enterprise strategy development and program management. Ms. Sweet’s understanding of human capital management, executive compensation, corporate governance and succession planning gained through her board experiences and her role as chief of staff at PayPal greatly benefit our Board and Compensation and Governance Committees. | |
Director Nominees
| Srinivas (Srini) Tallapragada | | | | President and Chief Engineering and Customer Success Officer, Salesforce Age: 56 Director since: 2023 Committee Membership: Governance Committee Member | | PROFESSIONAL EXPERIENCE •President and chief engineering and customer success officer, Salesforce, Inc., February 2025 to present •President and chief engineering officer, Salesforce, Inc., December 2019 to February 2025 •President, executive and senior vice president, Salesforce, Inc., May 2012 to December 2019 •Senior vice president, engineering, Oracle Corporation, April 2011 to May 2012 •Senior vice president, SAP Labs Inc., February 2009 to April 2011 •Vice president and senior director, Applications Development, Oracle Corporation, 2001 to 2009 FORMER BOARD EXPERIENCE •Former director, Avalara, Inc., July 2021 to October 2022 (public) SKILLS AND QUALIFICATIONS Mr. Tallapragada brings a depth of technology expertise, as well as leadership and governance experience, to the Board and Governance Committee. At Salesforce, Mr. Tallapragada leads teams to deliver product and platform innovations, key skills that help aid management and our Board in analyzing and bringing forth product and service enhancements and developments. He has extensive experience driving cutting-edge innovation and building emerging technologies within complex platforms. He also leads the cybersecurity and governance, risk and compliance functions at Salesforce. Mr. Tallapragada’s ability to scale business operations through innovation and his track record of strong strategic planning both provide a valuable perspective as we continue to evolve our business. | |
Director Nominees
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Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Director Nominees
| Sigal Zarmi | | | | Senior Advisor, Boston Consulting Group Age: 62 Director since: 2023 Committee Membership: Audit Committee Member Other Current Board Service: ADT Inc. (since April 2021) Jfrog Ltd. (since November 2025) Global Atlantic Financial Group (private) | | PROFESSIONAL EXPERIENCE •Senior advisor, Boston Consulting Group Inc., August 2021 to present •Interim chief information officer, Staples, Inc., August 2023 to February 2024 •Senior advisor, Morgan Stanley, July 2021 to January 2023; previously served as international chief information officer and global head of transformation, October 2018 to July 2021 •Vice chairman, global and U.S. chief information officer, PricewaterhouseCoopers LLP, December 2014 to September 2018 •Chief information officer, GE Capital Americas, General Electric Company, August 2010 to November 2014 FORMER BOARD EXPERIENCE •Former director, HashiCorp, Inc., June 2021 to February 2025 (public) •Former director, DataRobot Inc., September 2021 to August 2022 (private) •Former director, Alfresco Software, December 2019 to October 2020 (private) SKILLS AND QUALIFICATIONS As the former chief information officer of several large global businesses, Ms. Zarmi’s expertise in strategic planning and operational risk management further enhances the risk management and compliance expertise of our Board and Audit Committee. The Board, Audit Committee and management also greatly benefit from Ms. Zarmi’s cybersecurity expertise gained through her experiences as the chief information officer at Morgan Stanley, PricewaterhouseCoopers and GE Capital Americas. Through her various roles at Morgan Stanley, managing the diverse global technology footprint and driving the firm’s innovation agenda through emerging technologies, Ms. Zarmi brings a wealth of knowledge to advise our leadership team on our strategic focus on innovation and the global growth of our customers. | |
Director Nominees
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Director Nominees
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Non-Employee Director Compensation
Non-Employee Director Compensation We maintain an Amended and Restated Outside Director Compensation Policy (the “Outside Director Compensation Policy”) pursuant to which each member of our Board who is not a Company employee and is not affiliated with a holder of greater than 5% of any class or series of our capital stock (each an “Eligible Director”) will receive cash and equity-based compensation for their service on our Board. The Outside Director Compensation Policy is periodically reviewed by the Compensation Committee, with the input of its independent compensation consultant, Semler Brossy Consulting Group (“Semler Brossy”), to ensure that the compensation paid to our Eligible Directors reflects current market assessments, data and analyses.
2025 Non-Employee Director Compensation
2025 Non-Employee Director Compensation The following table summarizes compensation for each of our non-employee directors for the year ended December 31, 2025.
2025 Non-Employee Director Compensation
| Name | Fees Earned or Paid in Cash ($)(1) | Stock Awards ($)(2) | All Other Compensation ($)(3) | Total ($) | | Herald Chen | 73,333 | 254,659(4) | 16,392 | 344,384 | | Caroline Donahue | 71,500 | 254,659(4) | 10,400 | 336,559 | | Mark Garrett | 77,500 | 254,659(4) | 21,909 | 354,068 | | Brian Sharples | 100,000 | 334,684(4) | — | 434,684 | | Graham Smith | 72,000 | 254,659(4) | 559 | 327,218 | | Leah Sweet | 75,167 | 254,659(4) | 21,909 | 351,735 | | Srini Tallapragada | 56,000 | 254,659(4) | — | 310,659 | | Sigal Zarmi | 65,000 | 254,659(4) | 21,909 | 341,568 |
2025 Non-Employee Director Compensation
(1)These amounts reflect annual cash retainers earned during 2025 for service as a member of our Board and, if applicable, as Board chair or a chair or member of one or more Board committees. (2)These amounts reflect the aggregate grant date fair value of RSUs granted during 2025, computed as described in Note 2 to our audited financial statements included in our 2025 Annual Report on Form 10-K in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“ASC 718”), for service as a member of our Board and, in the case of Mr. Sharples, as chair of the Board. As of December 31, 2025, the aggregate number of RSUs outstanding for each of our non-employee directors was as follows: Mr. Chen — 1,397; Ms. Donahue — 1,397; Mr. Garrett — 1,397; Mr. Sharples — 1,836; Mr. Smith — 1,397; Ms. Sweet — 1,397; Mr. Tallapragada — 1,397; and Ms. Zarmi — 1,397. (3)For Mr. Garrett and Mses. Donahue, Sweet and Zarmi, these amounts reflect health insurance benefits only. (4)On June 4, 2025, (i) Messrs. Chen, Garrett, Smith, and Tallapragada and Mses. Donahue, Sweet and Zarmi were each awarded an annual grant of RSUs covering 1,397 shares of our common stock for service as members of our Board and (ii) Mr. Sharples was awarded an annual grant of RSUs covering 1,836 shares of our common stock for service as a member of our Board and as chair of the Board. 100% of the shares subject to such RSUs are scheduled to vest on June 2, 2026 (the day immediately prior to our Annual Meeting), subject to their respective continued service with us through such date.
2025 Non-Employee Director Compensation
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2025 Non-Employee Director Compensation
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
2025 Non-Employee Director Compensation
| Executive Officers |
2025 Non-Employee Director Compensation
The following table identifies certain information about our executive officers. Our executive officers are appointed by our Board to hold office until their successors are appointed and qualified.
For Aman Bhutani’s biography, please see the section “Director Nominees.”
For Aman Bhutani’s biography, please see the section “Director Nominees.”
For Aman Bhutani’s biography, please see the section “Director Nominees.”
| | Mark McCaffrey, 60 Mark McCaffrey has served as our Chief Financial Officer since June 2021. Before joining GoDaddy, Mr. McCaffrey spent over 20 years in various roles at PricewaterhouseCoopers LLP in the Technology, Media and Telecommunications (“TMT”) Sector, including as the US TMT Sector Leader, guiding an experienced team of consultants working across clients in the TMT industries. He also served as the Global Software Industry Leader for the firm, including as the global engagement partner on several of PwC’s largest multinational software and services clients. | | | Roger Chen, 55 Roger Chen has served as our Chief Operating Officer since January 2022. Prior to this role, Mr. Chen served as the President of the Company’s Domain Registrars and Investors Business from January 2020 until his appointment as Chief Operating Officer. Previously, Mr. Chen was the Company’s Senior Vice President for the Asia Pacific region from March 2018 to January 2020. From June 2015 to March 2018, Mr. Chen served as the Company’s Vice President of Asia. | | | Jared Sine, 47 Jared Sine has served as our Chief Strategy and Legal Officer since March 2024. Before joining GoDaddy, Mr. Sine spent almost eight years at Match Group and served as Chief Business Affairs & Legal Officer, overseeing privacy, safety and social advocacy, compliance, government affairs, corporate governance, general legal, aspects of corporate strategy and mergers and acquisitions. Prior to Match Group, Mr. Sine spent nearly four years at Expedia Group where he led all legal aspects of the company’s mergers, acquisitions, joint ventures and other strategic initiatives. He began his legal career at Cravath, Swaine & Moore LLP and later joined Latham & Watkins LLP. |
For Aman Bhutani’s biography, please see the section “Director Nominees.”
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For Aman Bhutani’s biography, please see the section “Director Nominees.”
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
For Aman Bhutani’s biography, please see the section “Director Nominees.”
| Executive Compensation |
For Aman Bhutani’s biography, please see the section “Director Nominees.”
| | | | | Proposal No. 2 Advisory, Non-Binding Vote to Approve Named Executive Officer Compensation | | | | | The Board of Directors unanimously recommends that you vote “FOR” the approval of, on an advisory, non-binding basis, the compensation of our named executive officers | |
For Aman Bhutani’s biography, please see the section “Director Nominees.”
Pursuant to Section 14A of the Exchange Act, we are providing our stockholders with the opportunity to vote to approve, on an advisory, non-binding basis, the compensation of our NEOs as disclosed in this “Executive Compensation” section of this Proxy Statement. This proposal, commonly known as a “say-on-pay” proposal, gives our stockholders the opportunity to express their views with respect to our NEOs’ compensation as a whole. This vote is not intended to address any specific item of compensation or any specific NEO, but rather our overall executive compensation philosophy, policies and practices as described in this Proxy Statement, as well as the compensation of all NEOs, including our CEO. The say-on-pay vote is advisory, and is therefore not binding on us, our Compensation Committee or our Board. The say-on-pay vote will, however, provide us with insight into stockholder sentiment regarding our executive compensation philosophy, policies and practices, which our Compensation Committee will consider when determining executive compensation in the future. Our Board and our Compensation Committee value the opinions of our stockholders. To the extent there is any significant vote against the say-on-pay proposal as disclosed in this Proxy Statement, we will communicate directly with our stockholders as part of our annual stockholder engagement, to better understand and consider their perspectives, and the Compensation Committee will determine what actions, if any, they would like to take in order to incorporate such perspectives into the compensation program. We believe the information we have provided in this “Executive Compensation” section of this Proxy Statement, and in particular the information discussed in the “Compensation Discussion and Analysis” and related tabular disclosures highlights our core principles of providing compensation that ties pay to performance, is competitive, fair and equitable and reflects the feedback of our stockholders. The affirmative vote of the holders of a majority of the voting power of the outstanding shares of our common stock present in person or represented by proxy at the Annual Meeting and entitled to vote thereon is required to approve Proposal No. 2.
For Aman Bhutani’s biography, please see the section “Director Nominees.”
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For Aman Bhutani’s biography, please see the section “Director Nominees.”
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Compensation Philosophy and Objectives
| | | | | | | | | | | Pay for Performance | | Competitive Pay | | Fair and Equitable | | Responsive to Stockholders | | We promote our overall “pay for performance” compensation philosophy by ensuring a significant portion of our NEOs’ compensation is “at risk” and subject to corporate and individual performance achievement goals | | We strive to provide competitive compensation packages to our executive officers that aid us in recruiting and retaining top talent and motivating and rewarding achievement of short- and long-term business objectives | | We aim to provide compensation that reflects our long-lasting commitment to building an inclusive environment where our employees, customers and communities have an opportunity to thrive | | We incorporate themes and insight gathered from our stockholder engagement program to design and update our compensation programs to ensure they align with stockholder interests and market best practices | |
Target Mix of Compensation
| Compensation Program Elements | | | | | Base Salary (Fixed) Establishes competitive pay that properly incentivizes executive officers’ day-to-day responsibilities | | | | | | Targeted at competitive levels and based on past experience and expected future contributions | | | | 2025 Short-Term Incentive Plan (Variable) Provides appropriate incentives for our executive officers to work collaboratively as a team to achieve important financial, business and strategic goals in our operating plan and to reward individual contributions; for the 2025 STIP, the Compensation Committee chose to move from four to two corporate performance metrics, utilizing NEBITDA and Bookings, weighted equally, and discontinuing the use of revenue and unlevered free cash flow | | | | | | 80% - Corporate Performance Goal | •50% NEBITDA | •50% Bookings | | | 20% - Individual Performance Goal | | | | 2025 Long-Term Incentive Plan (Variable) Strengthens the alignment between the interests of our executive officers and those of our stockholders by tying vesting of awards to achievement of rTSR, which incentivizes driving long-term stockholder value and promotes executive officer retention by linking vesting to continued employment | | | | | | 50% PSUs | •100% rTSR performance metric measured against the Nasdaq Internet Index | •Cliff vest after a 3-year performance period | | | 50% RSUs | | •Vest quarterly over 3-years |
Performance Metrics
Performance Metrics We seek to allocate a significant portion of each executive officer’s total target compensation to performance-based compensation that is “at risk.” Our compensation program includes performance-based annual cash bonuses and multi-year equity awards, each of which are only earned if the company achieves specified key short-term and long-term objectives. The Compensation Committee annually reviews and selects STIP and LTIP metrics designed to incentivize and reward our executives over the short and long term, while encouraging results in critical operational and financial areas of our business. The Compensation Committee then establishes the levels of performance necessary to achieve those metrics, motivating our executive team to reach stretch goals that drive increased stockholder value.
Performance Metrics
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Performance Metrics
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
STIP Performance Metrics
STIP Performance Metrics The Compensation Committee sets rigorous corporate performance goals for the STIP based on key drivers of the business, taking into account Company- and industry-wide outlooks for the year, historical and projected growth and performance expectations for the Company and its peers, business objectives, market outlooks and perspectives from our stockholder engagement. The Compensation Committee also considers the metrics included in the Company’s annual operating plan and those that are communicated to stockholders on a regular basis. For the 2025 STIP, the Compensation Committee approved the use of Bookings and NEBITDA, equally weighted at 50%, a change from the 2024 STIP which utilized four metrics (Bookings, NEBITDA, revenue and unlevered free cash flow). For additional discussion of this change, please see the section “Corporate Performance Goals, Performance Cap and Results.” Threshold, target and maximum goals were set with a focus on stretch performance and are more rigorous than the prior year. In addition, in furtherance of our commitment to incentivize and reward executives for stretch performance, the Compensation Committee approved a wider payout curve for the 2025 STIP metrics, which requires higher growth over the Company’s budget in order for executives to achieve a payout above target. Additional details on each of these metrics and a discussion of how they support our strategy are provided below:
STIP Performance Metrics
| STIP Performance Metrics | | | | Corporate Performance Goals (80% Weighting) | | The corporate performance component of the Company’s 2025 STIP was comprised of the following metrics: | | | 50% Bookings | •Bookings is an indicator of the expected growth of the Company and a measure of its operating performance | | | 50% NEBITDA | •NEBITDA is a measure of operating performance used by management and investors to evaluate the Company, it provides insight into the core results and permits year-over-year comparisons through inclusion or exclusion of certain recurring and nonrecurring items | | Individual Performance Goals (20% Weighting) | | To ensure that our NEOs are appropriately motivated and incentivized to perform at high levels, and to avoid incentives for excessive risk-taking, each NEO undergoes an annual review to evaluate their achievements, including against their pre-established performance goals, responsibilities and outlook | | | Definitions of Bookings and NEBITDA, as well as reconciliations of NEBITDA to its most directly comparable GAAP financial measure can be found in “Appendix A — Operating and Business Metrics, Non-GAAP Financial Information and Reconciliations” beginning on page 82. | |
LTIP Performance Metric
LTIP Performance Metric Our performance-based LTIP awards are structured to incentivize and focus our executives on results that drive stockholder value and reward superior performance. To align our executives’ compensation more closely to stockholder value, and to tie that pay to performance, the Compensation Committee selected rTSR as the metric for our performance-based LTIP awards. To determine the achievement for these awards, the Company’s TSR is measured against the constituents of the Nasdaq Internet Index, which provides a sufficient number of appropriate comparator companies and represents a significant majority of the companies with which GoDaddy competes. For additional information on the target levels of performance required for performance payouts, see the section “2025 LTIP Performance Targets and Payouts.”
LTIP Performance Metric
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LTIP Performance Metric
| About GoDaddy | Proxy Summary | Board and Governance Matters | Executive Compensation | Audit Matters | Other Management Proposals | Other Information |
Annual Review Process
| | BENCHMARK AND REVIEW | | | | | | •Review and approve compensation peer group •Evaluate market trends •Review say-on-pay results | •Benchmark CEO and NEO compensation •Review compensation policies against peers •Evaluate pay for performance alignment | | | | | | | | GOAL SETTING | | | | | | •Discuss compensation policies and practices as they relate to risk management and risk-taking incentives | •Review and approve goals and objectives •Establish total compensation targets | | | | | | | | EVALUATE | | | | | | •Evaluate performance against metrics •Assess individual goals •Certify performance results •Review management performance | •Consider incentive compensation payout amounts and annual equity awards •Review pay equity | | | | | | | | APPROVE | | | | | | •Approve compensation payouts upon Board certification of Company performance results | •Approve annual base salary, STIP and LTIP compensation design | | | | | |
Annual Review Process
| Key Inputs | | •Market Data: The Compensation Committee reviews market data and other inputs in connection with proposed design and enhancements to our compensation program. This includes comparative peer group data and market pay analysis, to provide a helpful reference point, not a specific percentile for the elements that make up the compensation program. This data is provided by the Compensation Committee’s independent compensation consultant, who provides ongoing input with respect to overall executive compensation decisions and analyses for our NEOs through a review of competitive market data, as well as other data sources, including Radford’s compensation survey. The services provided in 2025 by Semler Brossy, the independent compensation consultant are described further in this section. | | •Stockholder Perspectives: Through our annual stockholder engagement cycle, the Compensation Committee obtains valuable insight into stockholder preferences as well as market best practices. In addition, the Compensation Committee reviews the results of our annual say-on-pay vote to inform the compensation program. At our 2025 annual meeting of stockholders, stockholders were supportive of the structure and philosophy of our executive compensation program as reflected in the approval of our say-on-pay proposal by approximately 92.4% of stockholders present and voting thereon. | | •Management: Management provides feedback and expertise regarding compensation matters, including appropriate amounts, targets and goals necessary to recruit, retain and incentivize our executives. No member of management is involved in discussions or deliberations regarding such executive’s own compensation. |
Independent Compensation Consultant
Independent Compensation Consultant Under our Compensation Committee Charter, the Compensation Committee can engage a compensation consultant to assist in evaluating executive officer compensation. In 2025, the Compensation Committee retained Semler Brossy as its independent compensation consultant. Semler Brossy assisted the Compensation Committee in providing peer group analyses, competitive market data and compensation reports to inform their judgment about executive officer and director compensation decisions and related matters. Semler Brossy reported directly to our Compensation Committee and not to management, was independent and provided no other services to the Company. Each year, the Compensation Committee evaluates the independence of the compensation consultant to determine whether the services provided raise any conflicts of interest. In 2025, the Compensation Committee evaluated the independence of Semler Brossy and determined that no conflict of interest existed.
Peer Group
Peer Group The Compensation Committee annually reviews the composition of the peer group that is used to compare and review the compensation paid to the executives against the competitive market and to inform our compensation program design. In determining the appropriate composition of the peer group, the Compensation Committee seeks to include companies that are reasonably representative of the Company’s competitive talent market and similar to the Company in terms of size, industry focus and trajectory. In updating our peer group, the Compensation Committee considers changes in both our business and the businesses of the peer companies that comprise the group. In September 2024, after consultation with its independent compensation consultant, Semler Brossy, the Compensation Committee approved the following peer group for 2025 executive compensation decisions:
Peer Group
| 2025 Peer Group | | | | | •Akamai Technologies, Inc. (NASDAQ: AKAM) •Autodesk, Inc. (NASDAQ: ADSK) •Docusign, Inc. (NASDAQ: DOCU) •eBay Inc. (NASDAQ: EBAY) •Fortinet, Inc. (NASDAQ: FTNT) •Gen Digital Inc. (NASDAQ: GEN) •HubSpot, Inc. (NYSE: HUBS) •Nutanix, Inc. (NASDAQ: NTNX) •Okta Inc. (NASDAQ: OKTA) | •Pinterest, Inc. (NYSE: PINS) •Shopify Inc. (NYSE: SHOP) •Toast, Inc. (NYSE: TOST) •Twilio Inc. (NYSE: TWLO) •Verisign, Inc. (NASDAQ: VRSN) •Wix.com Ltd. (NASDAQ: WIX) •Zillow Group, Inc. (NASDAQ: Z, ZG) •Zoom Communications Inc. (NASDAQ: ZM) |
Peer Group
The 2025 peer group reflected (i) the removal of Dropbox, Inc., Etsy, Inc. and Open Text Corporation due to, among other things, misalignment in terms of size, business focus and pay structures, and Squarespace, Inc. following its acquisition by a private company, and (ii) the addition of Okta Inc. and Twilio Inc. due to being comparable companies that focus on customer engagement and cybersecurity solutions at comparable size and growth. The companies in our 2025 peer group generally exhibited similar revenue size, market capitalization and profitability metrics along with industry and business alignment. In advance of the Compensation Committee’s discussions and decisions regarding the 2026 compensation program, and after consultation with its independent compensation consultant, the Compensation Committee approved a peer group for 2026 that reflected the removal of Nutanix due to misalignment in terms of size and business focus. The peer group methodology for the 2026 peer group remained focused on similar metrics and ranges as discussed above for the 2025 peer group.
Peer Group
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Peer Group
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2025 Short-Term Incentive Plan
2025 Short-Term Incentive Plan Our STIP aims to provide incentives that drive annual performance based on our operating plan and individual performance goals. At the beginning of each year, the Compensation Committee, with input from our management team, establishes corporate performance goals and payout formulas and approves the annual plan design. The performance goals are intended to be stretch goals relative to the company plan, attainable through focused efforts and leadership by our executive officers. Each executive officer is eligible to earn a portion of such executive’s target short-term incentive opportunity based on achievement against these pre-established performance goals and their relative weightings under the formulas established by the Compensation Committee for the year in review. The components of our 2025 STIP consisted of a corporate performance component, weighted at 80% of the overall 2025 STIP opportunity, and an individual performance component weighted at 20% of the overall 2025 STIP opportunity. Payouts under both components are determined based on pre-established performance criteria, with the corporate component calculated pursuant to a formulaic payout schedule and the individual component assessed against defined quantitative and qualitative performance objectives, subject to the Compensation Committee’s qualitative evaluation of overall performance. The Compensation Committee has reserved discretion to adjust the achievement levels and/or actual bonuses paid if they deem appropriate, within the parameters of the performance framework. No discretionary adjustments were made for bonuses earned under the 2025 STIP.
2025 Short-Term Incentive Plan
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2025 Short-Term Incentive Plan
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NEO Target STIP Opportunities
NEO Target STIP Opportunities The following table shows the target short-term incentive opportunities for our NEOs for 2025. There were no changes to the target STIP percentage for any NEO for the 2025 STIP from the 2024 STIP.
NEO Target STIP Opportunities
| Name | Target Short-Term Incentive (% of Base Salary) | | Aman Bhutani | 100% | | Mark McCaffrey | 80% | | Roger Chen | 80% | | Jared Sine | 80% |
Corporate Performance Goals, Performance Cap and Results
Corporate Performance Goals, Performance Cap and Results The corporate performance component of the STIP was based on the achievement of pre-established levels of Bookings and NEBITDA, as illustrated in the chart below. We set our performance goals in consideration of the range of expected performance communicated to investors, which we believe aligns pay and performance. For performance outside of the target range, the payouts increase or decrease commensurate with Company performance, limited by the threshold and maximum levels. As part of the annual compensation review cycle, the Compensation Committee reviewed the corporate performance component metrics used in our STIP and for the 2025 STIP, the committee chose to move from four to two corporate performance metrics, utilizing NEBITDA and Bookings, weighted equally, and discontinuing the use of revenue and unlevered free cash flow. The Compensation Committee believed that Bookings and NEBITDA most appropriately represent the key short-term operating goals and financial strength of the Company. In making this determination, the committee discussed, among other things, key drivers of the business, metrics included in the Company’s annual operating plan and communicated to stockholders, Company- and industry-wide outlooks, historical and projected growth, performance expectations and peer benchmarking. In addition, in furtherance of our commitment to incentivize and reward executives for stretch performance, the Compensation Committee approved a wider payout curve for the 2025 STIP metrics, which required higher growth over the Company’s budget in order for executives to achieve a payout above target. The stretch goal adjusted the maximum achievement levels of corporate performance goals to be 200% of target. The threshold, target and maximum performance thresholds for each financial component of the 2025 STIP, as well as the actual results attained for 2025 as approved by the Compensation Committee, are included in the table set forth below. Actual performance relative to each metric resulted in payouts determined in accordance with the pre-established payout curve, with no upward or downward discretion applied. The aggregate actual performance achievement for all metrics under the corporate performance component of the 2025 STIP was 113%.
Corporate Performance Goals, Performance Cap and Results
| Metric | Threshold (50%) | Target (100%) | | | Maximum (200%) | Actual | Payout Percentage | | Bookings | $5,319 million | $5,370 million | - | $5,470 million | $5,571 million | $5,400 million | 100% | | NEBITDA | $1,530 million | $1,546 million | - | $1,578 million | $1,610 million | $1,586 million | 125% | | Total Payout Percentage | | | | | | | 113% |
Individual Performance Goals and Individual Performance Cap
Individual Performance Goals and Individual Performance Cap As noted above, 20% of each NEO’s 2025 STIP opportunity was subject to the achievement of individual performance goals established for each NEO under the individual performance component. These individual performance goals are established at the beginning of the year and are designed to align with key strategic priorities of the Company, including, among other things, customer growth and engagement, operational execution, innovation (including AI initiatives), talent development and stockholder value creation. The Compensation Committee takes a measured approach to individual performance reviews to ensure that our executives are appropriately motivated and incentivized to continue to perform at high levels. In evaluating performance, the Compensation Committee considers both quantitative and qualitative factors, including progress against pre-established objectives, the executive’s contribution to Company-wide strategic outcomes and the quality and sustainability of such performance, many of which are aligned with the CEO’s performance scorecard described below. While this assessment involves the application of informed judgment, it is grounded in the pre-established objectives and a consistent evaluation framework.
Individual Performance Goals and Individual Performance Cap
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Individual Performance Goals and Individual Performance Cap
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Individual Performance Goals and Individual Performance Cap
The Compensation Committee approved a cap on the maximum achievement level for the individual performance component under the 2025 STIP of 300% of target, such that the aggregate maximum payout under each NEO’s STIP will not exceed 220% of such NEO’s target award. Historically, the Compensation Committee has not approved payment in respect of the individual component at or above 200% of target.
Other NEO Individual Performance Components and Achievements
| | Examples of Jared Sine’s Individual Performance Achievements: •Supported development and strategy alignment to reinforce long-term growth priorities •Advanced growth in strategic partnerships through disciplined execution and cross-functional coordination •Further evolved the Legal function to enable the business with appropriate governance, risk management and scalable processes | | | Jared Sine | Target STI Individual Component (20%) Corporate Component (80%) Total Achievement Total Bonus | — $400,000 — 100% — 113% — 110.4% — $441,600 |
Long-Term Compensation
Long-Term Compensation
2025 Long-Term Incentive Plan
2025 Long-Term Incentive Plan A key component of our executive compensation program is our LTIP. We structure the LTIP to include time and performance-based awards that are designed to align with and promote our core compensation principles, including providing pay that rewards performance against rigorous metrics, is competitive, fair and equitable, motivates, helps retain and recruit our key employees, including our NEOs, promotes stockholder value by aligning the interests of our executives with those of our stockholders and responds to stockholder perspectives.
2025 LTIP Awards
2025 LTIP Awards The Compensation Committee annually reviews the LTIP design and potential award values to ensure our equity compensation appropriately reflects and furthers the Company’s compensation philosophy. In 2025, during its annual compensation review and approval cycle, the Compensation Committee conducted a comprehensive assessment that included a review of the Company’s performance against its Investor Day targets, rigorous analysis of market and peer group data, evolving market practices and internal evaluations of each NEO’s role, scope and individual contributions. In determining 2025 LTIP award values, the Compensation Committee placed significant weight on the Company’s strong financial and operational performance in 2024. For the year ended December 31, 2024, the Company delivered total revenue of $4.6 billion (up 8% year-over-year), net cash provided by operating activities of $1.3 billion (up 23%), representing a 31% margin, and free cash flow of $1.4 billion (up 25%), while also achieving its first $5 billion in annual Bookings. These results reflect sustained execution against the Company’s strategic and financial objectives and were driven by the leadership of our NEOs. This included, among other contributions, advancing operational efficiency and profitability initiatives, executing on key strategic priorities and driving performance above expectations, and strengthening and expanding the Company’s partnership model to deliver measurable results. The committee further considered the magnitude of individual contributions and the evolving scope of certain executive roles. In particular, the Compensation Committee determined that larger adjustments to LTIP award values for the CEO and certain NEOs were appropriate in light of their leadership in delivering the Company’s strong performance, their critical role in driving long-term strategy and growth, and, in certain cases, a desire to better align target compensation with market benchmarks and internal pay positioning. The 2025 LTIP for each of our NEOs provided for (i) 50% of the value to be granted in the form of PSUs that vest based on the achievement of our rTSR measured against the Nasdaq Internet Index over a three-year performance period and (ii) 50% of the value to be granted in the form of RSUs that time-vest quarterly over three years. The table below sets forth the 2025 LTIP award value and the number of shares of our common stock underlying grants of RSUs and PSUs granted to our NEOs in 2025.
2025 LTIP Awards
| Name | Total Award Value ($)(1) | Number of Target PSUs Granted(2) | Number of RSUs Granted(3) | | Aman Bhutani | 20,000,000 | 49,178 | 49,178 | | Mark McCaffrey | 6,000,000 | 14,754 | 14,754 | | Roger Chen | 10,000,000 | 24,589 | 24,589 | | Jared Sine | 4,400,000 | 10,820 | 10,820 |
2025 LTIP Awards
(1)To determine the “Number of Target PSUs Granted,” and “Number of RSUs Granted,” the amounts in the “Total Award Value” column were converted into a number of shares based on the volume weighted average trading price for the 30 days ending on the last trading day of the month prior to the grant date. The Total Award Value reflects the intended value of the NEO’s awards approved by the Compensation Committee in early 2025 and is not the same as the value reported for the NEO for 2025 in the “Stock Awards” column in the “Summary Compensation Table” below. (2)For PSUs granted in 2025, the rTSR performance period began on January 1, 2025 and ends on December 31, 2027. Any earned PSUs will vest subject to the NEO’s continued employment with GoDaddy through March 1, 2028. The chart in the section “2025 LTIP Performance Targets and Payouts,” illustrates the payout curve with respect to the rTSR performance for these PSUs, as measured against the Nasdaq Internet Index. (3)RSUs vest for each NEO quarterly over three years beginning on June 1, 2025.
2025 LTIP Awards
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2025 LTIP Awards
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2025 LTIP Performance Targets and Payouts
2025 LTIP Performance Targets and Payouts Consistent with prior years, the achievement of target levels for the 2025 LTIP requires performance at the 50th percentile of the rTSR comparator group. In addition, the number of shares that may be earned is capped at 200% of target, and no shares are earned if rTSR for the three-year performance period falls below the 25th percentile of the rTSR comparator group. The chart below illustrates the payout curve with respect to the rTSR performance metric for the 2025 LTIP.
2025 LTIP Performance Targets and Payouts
| 2025 LTIP Performance Targets | | | | | rTSR Percentile Rank | Payout Percentage | | | 85th and above | 200% | | | 50th | 100% | | | 25th | 50% | | | Below 25th | 0% |
Achievement of 2023 - 2025 PSUs
Achievement of 2023 - 2025 PSUs PSUs granted in February 2023 had a performance period of January 1, 2023 through December 31, 2025. As discussed above, PSUs were eligible to be earned based on the achievement of our rTSR performance against the Nasdaq Internet Index, and based on such performance, NEOs could earn between 0% to 200% of the target amount granted. Following the end of 2025, the Compensation Committee reviewed the Company’s certified achievement levels against the pre-established performance goal and determined that rTSR was achieved at a 60.3 percentile rank, resulting in a payout percentage of 129.35%. The following table sets forth the number of such PSUs that were earned by the respective NEO for the performance period of January 1, 2023 through December 31, 2025 and which ultimately vested on March 3, 2026. Mr. Sine joined GoDaddy on March 18, 2024 and therefore did not have a 2023 LTIP grant.
Achievement of 2023 - 2025 PSUs
| Name | Number of Shares Acquired on Vesting (#) | Value Realized on Vesting ($)(1) | | Aman Bhutani | 84,450 | 7,535,474 | | Mark McCaffrey | 33,781 | 3,014,279 | | Roger Chen | 33,781 | 3,014,279 |
Achievement of 2023 - 2025 PSUs
(1)The amounts in the “Value Realized on Vesting” column were calculated based on the closing market price of our common stock on March 3, 2026 ($89.23).
Achievement of 2023 - 2025 PSUs
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Achievement of 2023 - 2025 PSUs
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Compensation Decisions for 2026
Compensation Decisions for 2026 In early 2026, the Compensation Committee completed its annual review and approval process for the 2026 executive compensation program. The Compensation Committee engaged in detailed discussion, including a review of the Company’s 2025 corporate performance and achievements, analysis of market and peer group data, current market best practices and internal discussions of each NEOs’ roles, responsibilities and individual achievements in 2025. The committee approved base salaries and a STIP design consistent with the 2025 program. The committee also approved 2026 LTIP awards consistent with the 2025 LTIP. The awards, which are presented in the table below, provide for (i) 50% of the value to be granted in the form of PSUs that vest based on the achievement of our rTSR measured against the Nasdaq Internet Index over a three-year performance period and (ii) 50% of the value to be granted in the form of RSUs that time-vest quarterly over three years. The table below sets forth the total award value and number of shares of our common stock underlying the grants made to our NEOs in 2026. In addition to the factors noted above, in determining the total award values for the 2026 equity grants, the Compensation Committee considered the Company’s performance in 2025, the stock price at the time of the grant and historical grant practices, including the increased total award value of the equity granted to our NEOs in 2025 as a result of exceptional performance in 2024. As a result of the review and discussions, the Compensation Committee approved lower total award values year-over-year to certain of our NEOs who had received higher total award value year-over-year in 2025.
Compensation Decisions for 2026
| Name | Total Award Value ($)(1) | Number of Target PSUs Granted(2) | Number of RSUs Granted(3) | | Aman Bhutani | 16,000,000 | 85,916 | 85,916 | | Mark McCaffrey | 6,000,000 | 32,219 | 32,219 | | Roger Chen | 6,000,000 | 32,219 | 32,219 | | Jared Sine | 4,500,000 | 24,164 | 24,164 |
Compensation Decisions for 2026
(1)The amounts in the “Total Award Value” column were converted into a number of shares based on the volume weighted average trading price for the 30 days ending on the last trading day of the month prior to the grant date. The award value reflects the intended value of the NEO’s awards approved by the Compensation Committee in early 2026. (2)For PSUs granted in 2026, the rTSR performance period began on January 1, 2026 and will end on December 31, 2028, and any earned PSUs will vest subject to the executive’s continued employment with us through March 1, 2029. (3)RSUs vest quarterly over three years beginning on June 1, 2026.
Employment Agreements and Post-Termination Severance and Change in Control Benefits
Employment Agreements and Post-Termination Severance and Change in Control Benefits We maintain a stable and effective management team through entry into competitive employment agreements and offer letters. We believe this stability is essential to protecting and enhancing the best interests of our Company and stockholders. In 2019, we entered into an employment agreement with Mr. Bhutani upon his hiring. The agreement provides terms that we believe are competitive, including a compensation package that serves to retain and incentivize him to perform at the highest levels. Mr. Bhutani’s employment agreement also provides for certain payments and benefits upon stated terminations of employment, both in connection with and not related to a change in control event. The terms of Mr. Bhutani’s employment agreement are set forth below in the section “Potential and Actual Payments upon Termination or Change in Control.” Similarly, we entered into (i) an offer letter with Mr. McCaffrey in connection with his hiring in 2021, which provides standard employment and compensation terms and conditions, (ii) an employment agreement with Mr. Chen in July 2022 in connection with his appointment as Chief Operating Officer, which includes standard employment and compensation terms and conditions consistent with such terms and conditions in Singapore, where Mr. Chen resides and (iii) an employment letter with Mr. Sine in February 2024 in connection with his hiring, which provides standard employment and compensation terms and conditions, including certain new hire equity compensation provided to him in 2024. In addition, our Board has adopted a form of change in control and severance agreement (a “CIC and Severance Agreement”) for our NEOs (other than Mr. Bhutani, whose employment agreement covers such terms). These agreements provide assurances of specified severance benefits to such individuals whose employment is subject to involuntary termination other than for cause or voluntary termination for good reason. We believe it is important to provide such individuals with severance benefits upon
Employment Agreements and Post-Termination Severance and Change in Control Benefits
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Employment Agreements and Post-Termination Severance and Change in Control Benefits
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Employment Agreements and Post-Termination Severance and Change in Control Benefits
certain qualifying terminations of employment to secure their continued dedication to their work, without the distraction of negative economic consequences of potential termination. We believe these severance benefits, as compared with similarly situated individuals at companies with which we compete for talent, are appropriate since the benefits are subject to the individual’s entry into a release of claims in our favor. For more detail, see the section “Potential and Actual Payments upon Termination or Change in Control.”
Timing of Equity Award Grant Practices
Timing of Equity Award Grant Practices Item 402(x) of Regulation S-K requires us to discuss our policies and practices on timing of awards of options in relation to the disclosure by us of material non-public information. Equity awards are discretionary and are generally granted to our NEOs at the end of February after the Compensation Committee’s annual performance review. In certain circumstances, including the hiring, promotion or in connection with achievement of an exceptional performance of a NEO, the Compensation Committee may approve grants at other times throughout the year. The Compensation Committee does not grant stock options (or similar awards with “option-like” features) to any employees, including our NEOs. We maintain an ESPP, which allows eligible employees, including our NEOs, to voluntarily enroll and purchase, through payroll deductions, shares of our common stock at a discount. Purchase dates under the ESPP are generally the 15th day of May and November. The Compensation Committee does not take material non-public information into account when determining the timing and terms of equity awards, and we do not time the disclosure of material non-public information for the purpose of affecting the value of executive compensation.
Tax Considerations
Tax Considerations We have not provided any of our executive officers or directors with a gross-up or other reimbursement for tax amounts the individual might pay pursuant to Code Section 280G or Code Section 409A. Code Section 280G and related Code sections provide that executive officers, directors who hold significant stockholder interests and certain other service providers could be subject to significant additional taxes if they receive payments or benefits in connection with a change in control exceeding certain limits, and that we or our successor could lose a deduction on the amounts subject to the additional tax. Code Section 409A also imposes significant taxes on the individual in the event an executive officer, director or other service provider receives “deferred compensation” not meeting the requirements of Code Section 409A. Based on the limitations imposed by Code Section 162(m), publicly traded companies generally may receive a federal income tax deduction for compensation paid to their chief executive officers and to certain of their other current and former highly compensated officers that qualify as “covered employees” within the meaning of Code Section 162(m) only if the compensation is less than $1,000,000 per person during any calendar year. These Code Section 162(m) limitations shall apply unless the compensation is paid pursuant to a written binding contract in effect on December 20, 2019 (and not materially modified after that date) or the compensation was paid on or before December 18, 2020. In approving the amount and form of compensation for our executive officers in the future, we expect to consider the cost to us of providing such compensation, including the potential impact of Code Section 162(m), as well as our need to maintain flexibility in compensating executive officers in a manner designed to promote our goals. Our Board or the Compensation Committee, as applicable, may, in its judgment, authorize compensation payments that will or may not be deductible when it believes that such payments are appropriate to attract, retain or motivate executive talent.
Accounting Considerations
Accounting Considerations Accounting rules require us to measure the compensation expense for all share-based compensation awards made to our employees and directors, including stock options, RSUs, PSUs and other stock-based awards, based on the “grant date fair value” of these awards. This calculation is performed for accounting purposes and reported in the compensation tables below, even though our NEOs may never realize any value from their awards. These rules also require us to recognize the “compensation cost” of our share-based compensation awards in our statements of operations over the period that the employee or director is required to render service to vest in the award.
Summary Compensation Table
Summary Compensation Table The following table provides information regarding the total compensation for services rendered in all capacities earned by our NEOs for 2025, 2024 and, as applicable, 2023:
Summary Compensation Table
| Name and Principal Position | Year | Salary ($) | Bonus ($) | Stock Awards ($)(1) | Non-Equity Incentive Plan Compensation ($)(2) | All Other Compensation ($)(3) | Total ($) | | Aman Bhutani, | 2025 | 1,000,000 | — | 20,883,438 | 1,104,000 | 29,572 | 23,017,010 | | Chief Executive Officer | 2024 | 1,000,000 | — | 17,146,808 | 1,290,000 | 28,425 | 19,465,233 | | | 2023 | 1,000,000 | — | 13,827,459 | 1,024,000 | 25,758 | 15,877,217 | | Mark McCaffrey, | 2025 | 525,000 | — | 6,265,286 | 463,680 | 15,224 | 7,269,190 | | Chief Financial Officer | 2024 | 525,000 | — | 6,858,723 | 525,840 | 13,154 | 7,922,717 | | | 2023 | 525,000 | — | 4,761,208 | 430,080 | 17,125 | 5,733,413 | | Roger Chen, | 2025 | 528,098(4) | — | 10,441,719 | 473,584 | 3,123 | 11,446,524 | | Chief Operating Officer | 2024 | 516,679(4) | — | 6,858,723 | 523,441 | — | 7,898,843 | | | 2023 | 513,905(4) | 97,778(5) | 4,761,208 | 418,609 | — | 5,791,500 | | Jared Sine, | 2025 | 500,000 | — | 4,594,713 | 441,600 | 17,643 | 5,553,956 | | Chief Strategy and Legal Officer | 2024 | 384,615 | — | 12,342,646 | 500,800 | 9,123 | 13,237,184 |
Summary Compensation Table
(1)The amounts in the “Stock Awards” column reflect the aggregate grant date fair value of stock awards granted (or considered granted for accounting purposes) during the applicable year, computed as described in Note 2 to our audited financial statements included in our 2025 Annual Report on Form 10-K in accordance with ASC 718. As required by SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. These amounts do not reflect the actual value realized or realizable by the respective NEO, as such value is only determinable after the shares underlying the applicable award have vested. Assuming maximum achievement of the performance conditions for PSUs granted (or considered granted for accounting purposes) in 2025, the total value of the applicable PSUs at their respective grant dates were as follows: (i) for Mr. Bhutani - $24,111,973; (ii) for Mr. McCaffrey - $7,233,886, (iii) for Mr. Chen - $12,055,987; and (iv) for Mr. Sine - $5,305,046. In addition, as part of our LTIP prior to 2020, certain NEOs received awards which were eligible to vest based on the achievement of annual performance metrics during each year of a four-year performance period, subject to the executive’s continued employment with us through each vesting date (the “Legacy PSUs”). Mr. Bhutani is the only NEO who received Legacy PSUs as a part of his compensation prior to 2020. As such, Mr. Bhutani’s Stock Awards includes 24,923 Legacy PSUs with a grant date fair value of $1,924,803, which were considered granted for accounting purposes to Mr. Bhutani in 2023 based on the performance targets established by our Compensation Committee in each year. (2)For 2025, the amounts in the “Non-Equity Incentive Plan Compensation” column represent annual performance-based bonuses earned under the 2025 STIP based on the achievement of performance goals, as described under the section “2025 Short-Term Incentive Plan,” which were paid in 2025. Mr. Chen’s 2025 bonus amount was converted to U.S. dollars according to the closing foreign exchange rate of U.S. dollar/SGD for March 31, 2026 (the date of Mr. Chen’s 2025 STIP bonus payment) of approximately $1/SGD 0.78. (3)For 2025, the amounts in the “All Other Compensation” column include the following amounts for each respective NEO:
Summary Compensation Table
| Name | Retirement Plan Matching Contributions ($) | Security and Protection ($)* | Group Term Life Insurance ($) | | Aman Bhutani | 7,500 | 21,262 | 810 | | Mark McCaffrey | 2,827 | 8,833 | 3,564 | | Roger Chen | 3,123 | — | — | | Jared Sine | 7,500 | 9,333 | 810 |
Summary Compensation Table
* Represents security and cybersecurity protection for the listed NEO and certain members of their family, and for Mr. Bhutani, includes $595 for a personal in-home security system. (4)Mr. Chen’s salary for 2025, 2024 and 2023 has been converted to U.S. dollars from Singapore Dollars using a blended rate of approximately 0.77, 0.75 and 0.74, respectively, representing the average currency translation rate in effect during the years ended December 31, 2025, 2024 and 2023, respectively. (5)The amount in the “Bonus” column for Mr. Chen reflects an award paid in March 2024 for acknowledged out-performance as part of our CEO’s annual year-end review of exceptional employee performances in 2023. This amount was converted to U.S. dollars according to the closing foreign exchange rate of U.S. dollar/SGD for March 28, 2024 (the date Mr. Chen was paid such award) of approximately $1/SGD 0.74.
Summary Compensation Table
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Summary Compensation Table
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Grants of Plan-Based Awards During 2025
Grants of Plan-Based Awards During 2025 The following table presents information regarding plan-based awards granted (or considered granted for accounting purposes) to our NEOs during 2025:
Grants of Plan-Based Awards During 2025
| | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards ($)(1) | | | Estimated Future Payouts Under Equity Incentive Plan Awards (#)(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | Grant Date Fair Value of Stock Awards ($)(4) | | Name | Grant Date | Threshold | Target | Maximum | Threshold | Target | Maximum | | | | Aman Bhutani | N/A | 500,000 | 1,000,000 | 2,200,000 | | | | | | | | 2/28/2025 | | | | 24,589 | 49,178 | 98,356 | | 12,055,987 | | | 2/28/2025 | | | | | | | 49,178 | 8,827,451 | | Mark McCaffrey | N/A | 210,000 | 420,000 | 924,000 | | | | | | | | 2/28/2025 | | | | 7,377 | 14,754 | 29,508 | | 3,616,943 | | | 2/28/2025 | | | | | | | 14,754 | 2,648,343 | | Roger Chen | N/A(5) | 214,485 | 428,970 | 943,734 | | | | | | | | 2/28/2025 | | | | 12,295 | 24,589 | 49,178 | | 6,027,993 | | | 2/28/2025 | | | | | | | 24,589 | 4,413,726 | | Jared Sine | N/A | 200,000 | 400,000 | 880,000 | | | | | | | | 2/28/2025 | | | | 5,410 | 10,820 | 21,640 | | 2,652,523 | | | 2/28/2025 | | | | | | | 10,820 | 1,942,190 |
Grants of Plan-Based Awards During 2025
(1)The amounts in the “Estimated Future Payouts Under Non-Equity Incentive Plan Awards” column represent the threshold, target and maximum payouts under the 2025 STIP assuming the achievement of corporate and individual performance goals, as described under the section “2025 Short-Term Incentive Plan.” Amounts set forth under “Threshold” represent the estimated payout assuming achievement of (i) each of the corporate performance goals under the 2025 STIP at the respective threshold level (which would result in a 50% payout percentage for the corporate performance component under the 2025 STIP) and (ii) the NEO’s individual performance goals under the 2025 STIP at a 50% payout percentage. (2)The amounts in the “Estimated Future Payouts Under Equity Incentive Plan Awards” column reflect the number of shares of common stock subject to PSUs granted to each NEO under the 2025 LTIP, which vest based on the achievement of our rTSR measured against the Nasdaq Internet Index over a three-year performance period, as described under the section “2025 Long-Term Incentive Plan.” (3)The amounts under the “All Other Stock Awards: Number of Shares of Stock or Units” column reflect the number of shares of common stock subject to RSUs granted to each NEO under the 2025 LTIP, as described under the section “2025 Long-Term Incentive Plan.” (4)The amounts in the “Grant Date Fair Value of Stock Awards” column reflect the aggregate grant date fair value of RSUs and PSUs granted (or considered granted for accounting purposes) during 2025, computed as described in Note 2 to our audited financial statements included in our 2025 Annual Report on Form 10-K in accordance with ASC 718. As required by SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. (5)Mr. Chen’s 2025 STIP target was SGD 552,000 (80% of his annual base salary of SGD 690,000). Mr. Chen’s Threshold, Target and Maximum amounts were converted to U.S. dollars according to the closing foreign exchange rate of U.S. dollar/SGD for March 31, 2026 (the date of Mr. Chen’s 2025 STIP bonus payment) of approximately $1/SGD 0.78.
Grants of Plan-Based Awards During 2025
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Grants of Plan-Based Awards During 2025
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Outstanding Equity Awards at Fiscal Year-End
Outstanding Equity Awards at Fiscal Year-End The following table provides information regarding outstanding equity awards held by our NEOs as of December 31, 2025:
Outstanding Equity Awards at Fiscal Year-End
| | | Option Awards | | | | Stock Awards | | | | | Name | Grant Date | Number of Securities Underlying Unexercised Options Exercisable (#) | Number of Securities Underlying Unexercised Options Unexercisable (#) | Option Exercise Price ($) | Option Expiration Date | Number of Shares or Units of Stock That Have Not Vested (#)(1) | Market Value of Shares or Units of Stock That Have Not Vested ($)(2) | Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(3)(4) | Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(4) | | Aman Bhutani | 9/4/2019 | 299,033 | — | 63.54 | 9/4/2029 | | | | | | | 2/28/2022 | | | | | 4,042 | 501,531 | | | | | 2/24/2023 | | | | | 20,403 | 2,531,604 | 65,288 | 8,100,935 | | | 2/29/2024 | | | | | 24,590 | 3,051,127 | 59,015 | 7,322,581 | | | 2/28/2025 | | | | | 36,884 | 4,576,567 | 49,178 | 6,102,006 | | Mark McCaffrey | 2/28/2022 | | | | | 1,617 | 200,637 | | | | | 2/24/2023 | | | | | 8,162 | 1,012,741 | 26,116 | 3,240,473 | | | 2/29/2024 | | | | | 9,836 | 1,220,451 | 23,606 | 2,929,032 | | | 2/28/2025 | | | | | 11,066 | 1,373,069 | 14,754 | 1,830,676 | | Roger Chen | 2/27/2020 | 3,083 | — | 70.17 | 2/27/2030 | | | | | | | 2/28/2022 | | | | | 1,617 | 200,637 | | | | | 2/24/2023 | | | | | 8,162 | 1,012,741 | 26,116 | 3,240,473 | | | 2/29/2024 | | | | | 9,836 | 1,220,451 | 23,606 | 2,929,032 | | | 2/28/2025 | | | | | 18,442 | 2,288,283 | 24,589 | 3,051,003 | | Jared Sine | 3/18/2024 | | | | | 35,989 | 4,465,515 | 21,703 | 2,692,908 | | | 2/28/2025 | | | | | 8,115 | 1,006,909 | 10,820 | 1,342,546 |
Outstanding Equity Awards at Fiscal Year-End
(1)RSUs granted in 2024 and 2025 vest over a three-year period in equal quarterly installments, subject to the NEO’s continued service through each applicable vesting date, except for Mr. Sine whose 2024 RSUs were granted in connection with his hiring and have different vesting terms as follows: (i) 36,171 of the RSUs vest over a two-year period in two 50% installments; and (ii) 32,554 of the RSUs vest over a four-year period, with 30% of the RSUs vesting within the first year, 7.5% of the RSUs vesting quarterly thereafter through April 1, 2026, and then 5% of the RSUs vesting quarterly through April 1, 2028. All RSUs granted prior to 2024 vest over a four-year period as to 25% on the first day of the month following the first anniversary of the applicable vesting commencement date and then vest quarterly in equal installments for an additional three years, subject to the NEO’s continued service through each applicable vesting date. (2)Market value is determined by multiplying the total shares by the closing market price of our common stock on December 31, 2025 ($124.08). (3)PSUs granted in 2025, 2024 and 2023 vest following the end of a three-year performance period based on our rTSR as compared to the Nasdaq Internet Index, subject to the NEO’s continued service through the applicable vesting date. (4)The number of unvested, unearned PSUs reported in this table reflects the total unvested, unearned PSUs at target performance levels.
Potential and Actual Payments upon Termination or Change in Control
Potential and Actual Payments upon Termination or Change in Control
TERMINATION OF EMPLOYMENT BY US WITHOUT “CAUSE” OR BY THE NEO FOR “GOOD REASON” UNRELATED TO A CHANGE IN CONTROL
| Name | Salary Severance ($)(1) | Bonus Severance ($)(2) | Accelerated Vesting of Equity Awards ($)(3) | Value of Health Care Coverage Benefit ($)(4) | Total ($) | | Aman Bhutani | 1,000,000 | 1,000,000 | 15,102,645 | 51,707 | 17,154,352 | | Mark McCaffrey | 525,000 | — | — | 19,676 | 544,676 | | Roger Chen | 528,098(5) | — | — | — | 528,098 | | Jared Sine | 500,000 | — | 3,701,182 | 34,471 | 4,235,653 |
TERMINATION OF EMPLOYMENT BY US WITHOUT “CAUSE” OR BY THE NEO FOR “GOOD REASON” IN CONNECTION WITH A CHANGE IN CONTROL
| Name | Salary Severance ($)(1) | Bonus Severance ($)(2) | Accelerated Vesting of Equity Awards ($)(3) | Value of Health Care Coverage Benefit ($)(4) | Total ($) | | Aman Bhutani | 1,500,000 | 1,500,000 | 32,186,352 | 51,707 | 35,238,059 | | Mark McCaffrey | 525,000 | 420,000 | 11,807,081 | 19,676 | 12,771,757 | | Roger Chen | 528,098(5) | 422,479 | 13,942,621 | — | 14,893,198 | | Jared Sine | 500,000 | 400,000 | 9,507,878 | 34,471 | 10,442,349 |
CEO Pay Ratio
CEO Pay Ratio Under SEC rules, we are required to provide information regarding the relationship between the total annual compensation of our CEO, Mr. Bhutani, and the median of total annual compensation of all employees (other than Mr. Bhutani). For our last completed year ended December 31, 2025: •The median total annual compensation of all employees (other than Mr. Bhutani) was identified as $111,501 using the methodology described below. •Mr. Bhutani’s total annual compensation, as reported in the Summary Compensation Table included in this Proxy Statement, was $23,017,010. •Based on the above, for 2025, the ratio of Mr. Bhutani’s total annual compensation to the median of the total annual compensation of all employees was 206 to 1. This pay ratio is a reasonable estimate calculated in a manner consistent with Item 402(u) of Regulation S-K and is based upon our reasonable judgment and assumptions. The SEC rules do not specify a single methodology for identification of the median employee or calculation of the pay ratio and other companies may use assumptions and methodologies that are different from those used by us in calculating their pay ratios. Accordingly, the pay ratios disclosed by other companies may not be comparable to our pay ratio as disclosed above. During the year ended December 31, 2025, there was no change in our employee population or employee compensation arrangements that we reasonably believe would result in a significant change to our pay ratio disclosure. Accordingly, pursuant to Item 402(u) of Regulation S-K, we used the median employee identified as of the year ended December 31, 2023 for purposes of calculating our 2025 pay ratio. The methodology we used to calculate the pay ratio is as follows: •We determined the median of the total annual compensation of our employees as of December 31, 2023, at which time we (including our consolidated subsidiaries) had 6,108 full-time and 51 part-time and temporary employees, 4,249 of whom were located in the United States, and 1,910 (or approximately 31% of our total employee population) of whom were located outside of the United States. We excluded Mr. Bhutani and included employees of our consolidated subsidiaries. In accordance with the permitted methodology for determining the “median employee,” we excluded from our calculations 256 employees, representing less than 5% of our total employee population, who are located outside of the United States in the following countries: 53 in Australia, 14 in Brazil, 15 in the Cayman Islands, 15 in China, 21 in Colombia, 24 in France, 1 in Israel, 3 in Mexico, 26 in the Netherlands, 11 in Singapore, 45 in South Africa, 21 in Spain, 4 in Switzerland and 3 in the United Arab Emirates. •To determine the median employee, we then compared the amount of salary, wages and tips of our employees (other than the excluded employees described above), as reflected in our payroll records for the year ended December 31, 2023. In determining the median total compensation of all employees, we did not make any cost-of-living adjustments to the wages paid to any employee. •We determined the median employee’s total annual compensation in accordance with the requirements of Item 402(c)(2)(x) of Regulation S-K, yielding the median total annual compensation disclosed above. With respect to Mr. Bhutani’s total annual compensation, we used the amount reported in the “Total” column of the 2025 Summary Compensation Table included in this Proxy Statement.
CEO Pay Ratio
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CEO Pay Ratio
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Pay versus Performance
Pay versus Performance The following table sets forth the compensation for our principal executive officer (“PEO”) and the average compensation for our non-PEO NEOs, both as reported in the Summary Compensation Table and with certain adjustments to reflect the “compensation actually paid” to such individuals, as defined under Item 402(v) of Regulation S-K, for each of 2025, 2024, 2023, 2022 and 2021. The table also provides information on our cumulative TSR, the cumulative TSR of our peer group, our Net Income and our NEBITDA.
Pay versus Performance
| Fiscal Year (a) | Summary Compensation Table Total for PEO(1) ($) (b) | Compensation Actually Paid to PEO(2) ($) (c) | Average Summary Compensation Table Total for non-PEO NEOs(1) ($) (d) | Average Compensation Actually Paid to non-PEO NEOs(2) ($) (e) | Value of Initial Fixed $100 Investment Based On: | | Net Income(4) (millions) ($) (h) | NEBITDA(5) (millions) ($) (i) | | | | | | | GoDaddy TSR(3) ($) (f) | Peer Group TSR(3) ($) (g) | | | | 2025 | 23,017,010 | (21,622,349) | 8,089,890 | (7,161,205) | 149.58 | 118.22 | 875 | 1,586 | | 2024 | 19,465,233 | 72,751,381 | 7,518,446 | 20,579,956 | 290.59 | 165.08 | 937 | 1,396 | | 2023 | 15,877,217 | 30,853,433 | 4,146,301 | 5,208,078 | 156.30 | 127.53 | 1,376 | 1,135 | | 2022 | 18,645,890 | 12,378,070 | 4,954,336 | 4,347,627 | 110.16 | 79.37 | 353 | 1,013 | | 2021 | 15,290,590 | 14,914,733 | 4,191,579 | 2,520,364 | 124.94 | 152.38 | 243 | 872 |
Pay versus Performance
(1)Compensation for our PEO, Mr. Bhutani, reflects the amounts reported in the “Summary Compensation Table” for the respective years. Average compensation for non-PEO NEOs includes the following NEOs: (i) in 2025, Roger Chen, Mark McCaffrey and Jared Sine, (ii) in 2024, Mr. Chen, Nicholas Daddario, Mr. McCaffrey and Mr. Sine; (iii) in 2023 and 2022, Mr. Chen, Mr. Daddario, Michele Lau and Mr. McCaffrey; and (iv) in 2021, Mr. Daddario, Nima Kelly, Ms. Lau, Mr. McCaffrey and Raymond Winborne. (2)In 2025, the compensation “actually paid” for the PEO and average compensation “actually paid” for our non-PEO NEOs reflects the respective amounts set forth in columns (b) and (d), adjusted in accordance with SEC rules as set forth in the table below. These dollar amounts do not reflect the actual amount of compensation earned by or paid to the PEO and our non-PEO NEOs during the applicable year. For information regarding the decisions made by our Compensation Committee with respect to our NEOs’ compensation for fiscal year 2025, see the Compensation Discussion and Analysis beginning on page 33. Fair values set forth in the table below are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting year.
Pay versus Performance
| | PEO | Non-PEO NEOs | | Prior FYE | 12/31/2024 | 12/31/2024 | | Current FYE | 12/31/2025 | 12/31/2025 | | Fiscal Year | 2025 ($) | 2025 ($) | | Summary Compensation Table Total | 23,017,010 | 8,089,890 | | - Grant Date Fair Value of Option Awards and Stock Awards Granted in FY | (20,883,438) | (7,100,573) | | + Fair Value at FYE of Outstanding and Unvested Option Awards and Stock Awards Granted in FY | 9,047,091 | 3,076,109 | | + Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior FYs (from prior FYE to current FYE) | (30,326,555) | (10,464,386) | | + Fair Value at Vesting of Option Awards and Stock Awards Granted in FY That Vested During FY | 1,878,523 | 638,693 | | + Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior FYs For Which Applicable Vesting Conditions Were Satisfied During FY | (4,354,980) | (1,400,938) | | - Fair Value as of Prior FYE of Option Awards and Stock Awards Granted in Prior FYs That Failed to Meet Applicable Vesting Conditions During FY | — | — | | Compensation Actually Paid | (21,622,349) | (7,161,205) |
Pay versus Performance
(3)TSR is cumulative for the measurement periods beginning on December 31, 2020 and ending on December 31 of each of 2025, 2024, 2023, 2022 and 2021, calculated in accordance with Item 201(e) of Regulation S-K. The peer group for purposes of this table is the same as the NASDAQ Internet Index, which is the peer group used for purposes of the performance graph as shown in our 2025 Annual Report on Form 10-K. (4)Reflects “Net Income” in the Company’s Consolidated Statements of Operations included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2025, 2024, 2023, 2022 and 2021. Net income for the year ended December 31, 2025 included a one-time benefit for the recognition of an uncertain tax position of $34.6 million. Net income for the year ended December 31, 2024 included a non-routine, non-cash benefit to income taxes of $267.4 million related to the conversion of GoDaddy’s Desert Newco, LLC subsidiary from a partnership to a disregarded entity for U.S. income tax purposes. Net income for the year ended December 31, 2023 included (i) $90.8 million in restructuring and other charges and (ii) a $971.8 million benefit for income taxes primarily due to a $1,014.0 million release of the majority of our domestic valuation allowance. (5)NEBITDA is not a financial measure prepared in accordance with GAAP. For a reconciliation of NEBITDA to its most directly comparable GAAP financial measure, please refer to “Appendix A — Operating and Business Metrics, Non-GAAP Financial Information and Reconciliations” in this Proxy Statement.
Pay versus Performance
| GoDaddy Inc. 2026 Proxy Statement | 59 |
Pay versus Performance
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Description of the Relationship Between Compensation Actually Paid and Performance
Description of the Relationship Between Compensation Actually Paid and Performance The following charts set forth the relationship between Compensation Actually Paid to our PEO and the average Compensation Actually Paid to our other NEOs with (i) the Company’s cumulative TSR and the Company’s peer group TSR, (ii) the Company’s Net Income and (iii) the Company’s NEBITDA, for the five most recently completed fiscal years. The relationship between Compensation Actually Paid and TSR, peer group TSR, Net Income and NEBITDA are not strongly correlated because we consider multiple factors to determine compensation levels of our PEO and NEOs beyond annual performance against these metrics. Further information about the factors used to determine compensation levels can be found in “Compensation Discussion and Analysis” above.
Relationship Between PEO and Other NEO Compensation Actually Paid and Company and Peer Group TSR
Relationship Between PEO and Other NEO Compensation Actually Paid and Company and Peer Group TSR
Relationship Between PEO and Other NEO Compensation Actually Paid and Company and Peer Group TSR
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Relationship Between PEO and Other NEO Compensation Actually Paid and Company and Peer Group TSR
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Relationship Between PEO and Other NEO Compensation Actually Paid and Net Income
Relationship Between PEO and Other NEO Compensation Actually Paid and Net Income
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
| GoDaddy Inc. 2026 Proxy Statement | 61 |
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
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Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
| Audit Matters |
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
| | | | | Proposal No. 3 Ratification of the Appointment of Ernst & Young LLP as our Independent Registered Public Accounting Firm | | | | | The Board of Directors unanimously recommends that you vote “FOR” the ratification of the appointment of Ernst & Young LLP | |
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
Our Audit Committee has reappointed Ernst & Young LLP (“EY”) to be our independent registered public accounting firm for the year ending December 31, 2026. EY has served as our independent registered public accounting firm since 2004. At the Annual Meeting, our stockholders are being asked to ratify the appointment of EY as our independent registered public accounting firm for the year ending December 31, 2026. Our Audit Committee is submitting the appointment of EY to our stockholders because we value our stockholders’ views on our independent registered public accounting firm and as a matter of good corporate governance. We expect representatives of EY to be present at the Annual Meeting, and they will have an opportunity to make a statement and respond to appropriate questions. If our stockholders do not ratify the appointment of EY, our Board may reconsider the appointment. Even if our stockholders ratify the appointment, our Audit Committee, in its discretion, may appoint another independent registered public accounting firm at any time during the year if our Audit Committee believes such a change would be in the best interests of the Company and our stockholders. The affirmative vote of the holders of a majority of the voting power of the outstanding shares of our common stock present in person or represented by proxy at the Annual Meeting and entitled to vote thereon is required to approve Proposal No. 3.
Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
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Relationship Between PEO and Other NEO Compensation Actually Paid and NEBITDA
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