GoPro Inc (GPRO)

Mark Edward Fischbach has filed a Schedule 13G indicating a significant passive investment in GoPro, Inc. (GPRO). Fischbach reported beneficial ownership of 13,500,000 shares, representing 8.5% of the company's Class A common stock. He holds sole voting and sole dispositive power over all these shares.

GoPro's CFO, Brian Robert Tratt, had 2,871 shares of Class A common stock withheld at $0.6143 per share to cover federal and state tax obligations arising from restricted stock unit vesting. These shares were cancelled by GoPro as an exempt transaction and were not sold in the market. Following this transaction, Tratt directly holds 332,769 shares, including 5,000 shares acquired through an employee stock purchase plan, and indirectly holds an additional 1,041 shares through his spouse.

GoPro's SVP and General Counsel, Stephen Jason Christopher, had 1,317 shares of Class A Common Stock withheld for tax obligations on August 17, 2026, at a price of $0.6143 per share. This transaction was for tax withholding purposes only, and he did not sell the shares for any other reason. Following this transaction, Christopher retains a direct holding of 380,007 shares of GoPro Class A Common Stock.

GoPro's Chief Accounting Officer, Charles Lafrades, had 2,894 shares of Class A common stock withheld on August 17, 2026, to cover federal and state tax withholding obligations from restricted stock unit vesting. This was an exempt "code F" transaction, meaning the shares were cancelled and not sold on the open market. After this transaction, Lafrades directly holds 161,556 shares of GoPro Class A common stock.

GoPro (NASDAQ: GPRO) reported significantly weaker financial results for the first half of 2026, including a 28.9% decline in revenue and a widened net loss of $131.8 million, raising substantial doubt about its ability to continue as a going concern. The company also disclosed multiple covenant breaches under its credit agreements, classifying all debt as current, and is exploring strategic alternatives, including a potential sale or merger, and undertaking a 23% workforce reduction. Despite a one-time IEEPA tariff refund benefit, GoPro faces liquidity strains, increased memory costs, and a soft consumer market.