Director at Gogo (NASDAQ: GOGO) receives 15,322 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Koch Monte JM reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Monte JM Koch reported receiving a grant of deferred share units as part of director compensation. On June 30, 2026, Koch was awarded 15,322 deferred share units, each representing the right to receive one share of Gogo common stock. These units vest immediately on the grant date and will be settled in common shares after Koch’s service on the board ends. Following this award, Koch holds 62,912 deferred share units in total, reflecting a routine, non-cash equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koch Monte JM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 15,322 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 62,912 shares (Direct, null)
Footnotes (1)
- Each deferred share unit represents the contingent right to receive one share of the Company's common stock. These deferred share units were granted on June 30, 2026, and immediately vest in full on the grant date. The deferred share units will be settled in shares of the Company's common stock following the director's termination of service on the Company's board of directors.
Key Figures
Deferred share units granted: 15,322 units
Deferred share units after grant: 62,912 units
Transaction price per unit: $0.00
+2 more
5 metrics
Deferred share units granted
15,322 units
Grant on June 30, 2026
Deferred share units after grant
62,912 units
Total derivative holdings following transaction
Transaction price per unit
$0.00
Equity compensation grant, not a market purchase
Underlying common stock linkage
1 share per unit
Each deferred share unit equals one Gogo common share
Derivative transactions in filing
1 transaction
Single grant/award acquisition reported
Key Terms
Deferred Share Units, Grant, award, or other acquisition, contingent right, vest in full, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
contingent right financial
"represents the contingent right to receive one share of the Company's common stock"
vest in full financial
"were granted on June 30, 2026, and immediately vest in full on the grant date"
FAQ
What did Gogo (GOGO) director Monte JM Koch report in this Form 4?
Director Monte JM Koch reported receiving a grant of deferred share units from Gogo. The award is a form of equity compensation and does not involve an open-market stock purchase or sale, but rather a contingent right to receive common shares later.
Is the Gogo (GOGO) director’s Form 4 transaction an open-market stock purchase or sale?
No, the Form 4 reflects a compensation-related grant, not an open-market trade. The code "A" indicates a grant or award, and the transaction price per unit is reported as zero, highlighting that it is an equity award rather than a buy or sell.