Hugh W. Jones of Gogo (NASDAQ: GOGO) receives 15,322 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES HUGH W reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Hugh W. Jones received a grant of 15,322 Deferred Share Units as compensation. Each unit represents the right to receive one share of Gogo common stock. The award was granted and fully vested on June 30, 2026, at no cash cost to Jones.
These deferred share units will be settled in shares of common stock after Jones leaves the company’s board of directors. Following this grant, his directly held deferred share unit balance reported in this filing increased to 184,285 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JONES HUGH W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 15,322 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 184,285 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
Price per Deferred Share Unit: $0.00 per unit
Deferred Share Units after grant: 184,285 units
+1 more
4 metrics
Deferred Share Units granted
15,322 units
Equity grant on June 30, 2026
Price per Deferred Share Unit
$0.00 per unit
Grant price for compensation award
Deferred Share Units after grant
184,285 units
Total directly held following transaction
Underlying common shares
15,322 shares
Common stock deliverable upon settlement
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 June 30, 2026, and immediately vest in full on the grant date"
termination of service financial
"will be settled in shares ... following the director's termination of service on the Company's board of directors"
FAQ
What insider transaction did Gogo (GOGO) director Hugh W. Jones report?
Hugh W. Jones reported receiving 15,322 Deferred Share Units from Gogo Inc. as a grant. These units are a form of equity compensation that convert into shares of common stock after his board service ends, rather than a cash payment or open-market share purchase.
Did Hugh W. Jones buy or sell Gogo (GOGO) stock in this Form 4?
He did not buy or sell shares on the open market in this transaction. Instead, he acquired 15,322 Deferred Share Units as a grant with a per-unit price of $0.00, representing stock-based compensation rather than a discretionary purchase or sale decision in the market.