Director at Gogo (NASDAQ: GOGO) receives 19,354 deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TOWNSEND CHARLES C reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Charles C. Townsend reported an award of 19,354 deferred share units. These units were granted on June 30, 2026 at a price of $0.00 per unit and each represents the right to receive one share of Gogo common stock.
The deferred share units vested in full immediately on the grant date but will be settled in common shares only after Townsend’s service on Gogo’s board ends. Following this grant, he holds a total of 256,206 deferred share units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TOWNSEND CHARLES C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 19,354 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 256,206 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: 19,354 units
Price per deferred unit: $0.00 per unit
Underlying common shares: 19,354 shares
+2 more
5 metrics
Deferred share units granted
19,354 units
Grant on June 30, 2026
Price per deferred unit
$0.00 per unit
Grant terms on June 30, 2026
Underlying common shares
19,354 shares
Each unit equals one Gogo common share
Total deferred units after grant
256,206 units
Holdings following June 30, 2026 award
Vesting
Immediate full vesting
Vests on June 30, 2026 grant date
Key Terms
Deferred Share Units, contingent right, vest in full, settled in shares, +1 more
5 terms
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"
termination of service financial
"following the director's termination of service on the Company's board of directors"
FAQ
What did Gogo (GOGO) director Charles C. Townsend report in this Form 4?
Charles C. Townsend reported receiving 19,354 deferred share units from Gogo Inc. This is a compensation-related equity award, not an open-market purchase or sale, and increases his total deferred share unit holdings to 256,206 units.