GOGO Insider Filing: Leigh Goldfine RSU Vesting and Share Sale
Rhea-AI Filing Summary
Leigh Goldfine, Vice President, Controller and CAO of Gogo Inc. (GOGO), reported transactions dated 09/29/2025. The filing shows 1,500 restricted stock units (RSUs) treated as acquired on that date (these RSUs convert one-for-one into common stock). The report also discloses a separate disposition of 510 common shares sold at $8.50 per share. Following the reported transactions, the filing lists 15,996 shares of common stock beneficially owned. The RSU grant referenced was originally awarded on 09/29/2023 for 6,000 RSUs vesting in four equal annual installments; the 1,500 reflects one annual vesting installment.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider vesting and a small open-market sale were reported; disclosure is consistent with Section 16 requirements.
The Form 4 documents a scheduled vesting of 1,500 RSUs and a contemporaneous sale of 510 shares at $8.50. The filing was signed by an attorney-in-fact on 10/01/2025. These transactions align with the previously disclosed 6,000 RSU grant from 09/29/2023 that vests in four equal annual installments. No unexplained amendments, option exercises at unusual prices, or large unusual transfers are reported.
TL;DR: Insider activity appears routine with scheduled vesting; neither transaction alone is a material governance event.
The RSU vesting is a standard compensation administration event and the sale of 510 shares at $8.50 appears to be a small disposition relative to beneficial ownership reported. The report clearly identifies the reporting person, role, transaction dates, and resulting ownership counts, meeting disclosure expectations. No governance-related red flags or unusual transfers are evident in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,500 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 510 | $8.50 | $4K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On September 29, 2023, the reporting person was granted 6,000 restricted stock units, vesting in four equal annual installments on the first four anniversaries of September 29, 2023, subject to continued employment with the Company.