GoPro, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: GPRO · Form: DEF 14A · Filed: Apr 23, 2024 · CIK: 1500435
| Field | Detail |
|---|---|
| Company | Gopro, INC. (GPRO) |
| Form Type | DEF 14A |
| Filed Date | Apr 23, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: GoPro, GPRO, DEF 14A, Proxy Statement, Executive Compensation
TL;DR
<b>GoPro, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2023.</b>
AI Summary
GoPro, Inc. (GPRO) filed a Proxy Statement (DEF 14A) with the SEC on April 23, 2024. GoPro, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 23, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 3025 Clearview Way, San Mateo, CA 94402. GoPro, Inc. was formerly known as Woodman Labs, Inc. until September 1, 2010. The filing includes data related to equity awards and pension values for the years 2021, 2022, and 2023.
Why It Matters
For investors and stakeholders tracking GoPro, Inc., this filing contains several important signals. This DEF 14A filing is a standard disclosure for public companies, providing shareholders with information regarding annual meetings, executive compensation, and voting matters. The inclusion of detailed equity award and pension data for multiple years suggests a focus on executive compensation structures and their historical performance.
Risk Assessment
Risk Level: low — GoPro, Inc. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates, thus posing a low immediate risk.
Analyst Insight
Review the executive compensation details and any shareholder proposals within the proxy statement to understand potential impacts on corporate governance and shareholder relations.
Key Numbers
- 2023-12-31 — Fiscal Year End (Conformed period of report)
- 2024-04-23 — Filing Date (Filed as of date)
- 2023 — Reporting Year (Data related to equity awards and pension values)
- 2022 — Reporting Year (Data related to equity awards and pension values)
- 2021 — Reporting Year (Data related to equity awards and pension values)
Key Players & Entities
- GoPro, Inc. (company) — Filer name
- Woodman Labs, Inc. (company) — Former company name
- 3025 Clearview Way, San Mateo, CA 94402 (location) — Business and mailing address
FAQ
When did GoPro, Inc. file this DEF 14A?
GoPro, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 23, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by GoPro, Inc. (GPRO).
Where can I read the original DEF 14A filing from GoPro, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by GoPro, Inc..
What are the key takeaways from GoPro, Inc.'s DEF 14A?
GoPro, Inc. filed this DEF 14A on April 23, 2024. Key takeaways: GoPro, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 23, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 3025 Clearview Way, San Mateo, CA 94402..
Is GoPro, Inc. a risky investment based on this filing?
Based on this DEF 14A, GoPro, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates, thus posing a low immediate risk.
What should investors do after reading GoPro, Inc.'s DEF 14A?
Review the executive compensation details and any shareholder proposals within the proxy statement to understand potential impacts on corporate governance and shareholder relations. The overall sentiment from this filing is neutral.
How does GoPro, Inc. compare to its industry peers?
GoPro, Inc. operates in the consumer electronics industry, specifically focusing on cameras and related accessories. As a publicly traded company, it is subject to SEC filing requirements.
Are there regulatory concerns for GoPro, Inc.?
As a public company, GoPro, Inc. is required to file a Definitive Proxy Statement (DEF 14A) with the SEC, detailing information for its annual shareholder meeting, including executive compensation and voting procedures.
Industry Context
GoPro, Inc. operates in the consumer electronics industry, specifically focusing on cameras and related accessories. As a publicly traded company, it is subject to SEC filing requirements.
Regulatory Implications
As a public company, GoPro, Inc. is required to file a Definitive Proxy Statement (DEF 14A) with the SEC, detailing information for its annual shareholder meeting, including executive compensation and voting procedures.
What Investors Should Do
- Analyze the executive compensation tables for key executives, noting salary, bonus, stock awards, and option awards for the fiscal year 2023.
- Examine any shareholder proposals or director nominations presented in the filing.
- Review the company's governance practices and board of directors' structure as outlined in the proxy statement.
Key Dates
- 2024-04-23: Filing Date — Definitive Proxy Statement (DEF 14A) filed.
- 2023-12-31: Fiscal Year End — Period covered by the proxy statement.
Year-Over-Year Comparison
This filing is a DEF 14A, which is a routine disclosure. Specific financial performance data or significant operational changes are not typically detailed in this type of filing.
Filing Stats: 4,690 words · 19 min read · ~16 pages · Grade level 13.5 · Accepted 2024-04-23 16:01:59
Filing Documents
- gpro-20240422.htm (DEF 14A) — 1181KB
- gpro-20240422_g1.jpg (GRAPHIC) — 33KB
- gpro-20240422_g10.jpg (GRAPHIC) — 1071KB
- gpro-20240422_g11.jpg (GRAPHIC) — 110KB
- gpro-20240422_g12.jpg (GRAPHIC) — 54KB
- gpro-20240422_g13.jpg (GRAPHIC) — 10KB
- gpro-20240422_g14.jpg (GRAPHIC) — 385KB
- gpro-20240422_g15.jpg (GRAPHIC) — 15KB
- gpro-20240422_g16.jpg (GRAPHIC) — 8KB
- gpro-20240422_g17.jpg (GRAPHIC) — 13KB
- gpro-20240422_g18.jpg (GRAPHIC) — 10KB
- gpro-20240422_g19.jpg (GRAPHIC) — 44KB
- gpro-20240422_g2.jpg (GRAPHIC) — 1KB
- gpro-20240422_g20.jpg (GRAPHIC) — 51KB
- gpro-20240422_g21.jpg (GRAPHIC) — 119KB
- gpro-20240422_g22.jpg (GRAPHIC) — 118KB
- gpro-20240422_g23.jpg (GRAPHIC) — 109KB
- gpro-20240422_g24.jpg (GRAPHIC) — 4054KB
- gpro-20240422_g25.jpg (GRAPHIC) — 3427KB
- gpro-20240422_g3.jpg (GRAPHIC) — 46KB
- gpro-20240422_g4.jpg (GRAPHIC) — 567KB
- gpro-20240422_g5.jpg (GRAPHIC) — 123KB
- gpro-20240422_g6.jpg (GRAPHIC) — 7KB
- gpro-20240422_g7.jpg (GRAPHIC) — 994KB
- gpro-20240422_g8.jpg (GRAPHIC) — 77KB
- gpro-20240422_g9.jpg (GRAPHIC) — 378KB
- 0001500435-24-000068.txt ( ) — 27888KB
- gpro-20240422.xsd (EX-101.SCH) — 8KB
- gpro-20240422_def.xml (EX-101.DEF) — 12KB
- gpro-20240422_lab.xml (EX-101.LAB) — 20KB
- gpro-20240422_pre.xml (EX-101.PRE) — 12KB
- gpro-20240422_htm.xml (XML) — 68KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 32 EXECUTIVE OFFICERS 35 COMPENSATION DISCUSSION AND ANALYSIS 37 REPORT OF THE COMPENSATION AND LEADERSHIP COMMITTEE 63
EXECUTIVE COMPENSATION TABLES
EXECUTIVE COMPENSATION TABLES 64 EQUITY COMPENSATION PLAN INFORMATION 80 RELATED PARTY TRANSACTIONS 81 REPORT OF THE AUDIT COMMITTEE 82 ADDITIONAL INFORMATION 83 OTHER MATTERS 84 APPENDIX A: GOPRO, INC. CERTIFICATE OF AMENDMENT OF RESTATED CERTIFICATE OF INCORPORATION A-1 APPENDIX B: RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES B-1 Table of Contents GOPRO, INC. 3025 Clearview Way San Mateo, California 94402 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS April 23, 2024 INFORMATION ABOUT SOLICITATION AND VOTING The accompanying proxy is solicited on behalf of the board of directors of GoPro, Inc. (" GoPro ") for use at GoPro's 2024 Annual Meeting of Stockholders to be held virtually on June 4, 2024, at 11:30 a.m. (Pacific Time) (" Annual Meeting "), and any adjournment or postponement of the Annual Meeting. The Annual Meeting can be accessed by visiting www.virtualshareholdermeeting.com/GPRO2024 , where you will be able to listen to the meeting live, submit questions and vote online. The Notice of Internet Availability of Proxy Materials and this proxy statement for the Annual Meeting (" Proxy Statement ") and the accompanying form of proxy were first distributed and made available on the Internet to stockholders on or about April 23, 2024. GoPro's annual report on Form 10-K for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (" SEC ") on February 9, 2024 (" Annual Report ") will be available with this Proxy Statement by following the instructions in the Notice of Internet Availability of Proxy Materials. INTERNET AVAILABILITY OF PROXY MATERIALS In accordance with SEC rules, we are using the Internet as our primary means of furnishing proxy materials to stockholders. Consequently, most stockholders will not receive paper copies of our proxy materials. We will instead send these stockholders a Notice of Internet Availability of Proxy Materials with instructions for acce