Gogo (GOGO) CFO awarded 240,021 restricted stock units vesting over four years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cotner Zachary reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. reported that its Chief Financial Officer, Zachary Cotner, received a grant of 240,021 restricted stock units (RSUs) on March 11, 2026. These RSUs represent the right to receive an equal number of Gogo common shares on a one-for-one basis.
The award vests in four equal annual installments on each of the first four anniversaries of March 11, 2026, subject to Mr. Cotner’s continued employment with the company. After this grant, he holds 240,021 RSUs directly, with no related sales or disposals reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cotner Zachary
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 240,021 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 240,021 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. On March 11, 2026, the reporting person was granted 240,021 RSUs, vesting in four equal annual installments on the first four anniversaries of March 11, 2026, subject to continued employment with the Company.
FAQ
What insider transaction did Gogo (GOGO) report for Zachary Cotner?
Gogo reported that Chief Financial Officer Zachary Cotner received a grant of 240,021 restricted stock units. The award is a form of equity compensation that may convert into the same number of common shares if vesting and employment conditions are satisfied over time.
How many restricted stock units did Gogo’s CFO receive in this Form 4?
The CFO received 240,021 restricted stock units. Each RSU represents a right to one share of Gogo common stock, subject to vesting conditions. This entire amount is shown as directly held after the transaction in the Form 4 report.
What are the vesting terms of the 240,021 RSUs granted by Gogo (GOGO)?
The 240,021 RSUs vest in four equal annual installments on the first four anniversaries of March 11, 2026. Vesting is conditioned on Zachary Cotner’s continued employment with Gogo, meaning unvested units could be forfeited if employment ends earlier.
Do the RSUs granted to Gogo’s CFO convert into common stock?
Yes. The filing states that the restricted stock units convert into Gogo common stock on a one-for-one basis. As each portion vests, Cotner becomes entitled to receive the corresponding number of common shares, subject to the plan’s standard settlement procedures.
How many equity awards does Gogo’s CFO hold after this Form 4 filing?
After this grant, the Form 4 shows that Zachary Cotner directly holds 240,021 restricted stock units. These RSUs are scheduled to vest in four equal annual installments, and there are no additional derivative holdings listed in the derivative summary section.