Gogo Inc. (GOGO) director receives 12,437 deferred share units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAYES MICHELE COLEMAN reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Michele Coleman Mayes received a grant of 12,437 Deferred Share Units on March 31, 2026 as equity compensation. Each deferred share unit represents the right to receive one share of Gogo common stock and vested in full immediately on the grant date.
The deferred share units will be settled in common shares after her service on Gogo’s board of directors ends. Following this grant, she holds a total of 215,194 deferred share units, all representing future delivery of an equal number of common shares rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MAYES MICHELE COLEMAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 12,437 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 215,194 shares (Direct)
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 March 31, 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: 12,437 units
Total Deferred Share Units after grant: 215,194 units
Exercise/Conversion price: $0.0000 per unit
+1 more
4 metrics
Deferred Share Units granted
12,437 units
Grant to director on March 31, 2026
Total Deferred Share Units after grant
215,194 units
Holdings following March 31, 2026 award
Exercise/Conversion price
$0.0000 per unit
Deferred Share Units grant terms
Underlying common shares for grant
12,437 shares
Each unit equals one Gogo common share
Key Terms
Deferred Share Units, contingent right, vest in full, termination of service
4 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 March 31, 2026, and immediately vest in full on the grant date"
termination of service financial
"settled in shares of the Company's common stock following the director's termination of service"
FAQ
What did Gogo (GOGO) director Michele Coleman Mayes report in this Form 4?
She reported receiving a grant of 12,437 Deferred Share Units as director compensation. These units vest immediately and each represents the right to receive one Gogo common share after she leaves the board.
Is the Gogo (GOGO) Form 4 transaction an open-market stock purchase or sale?
No, it is not an open-market trade. The filing shows a compensation-related grant of Deferred Share Units with a zero dollar exercise price, rather than a market purchase or sale of Gogo common stock.