Gogo (NASDAQ: GOGO) awards 15,322 deferred share units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THORNE OAKLEIGH reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director and ten-percent owner Oakleigh Thorne received a grant of 15,322 deferred share units tied to Gogo common stock. The award was made at a price of $0.00 per unit as part of his director compensation.
Each deferred share unit represents the contingent right to receive one share of Gogo common stock. The units vest immediately on the grant date and will be settled in shares after Thorne’s service on the board ends. Following this grant, he holds 67,748 deferred share units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THORNE OAKLEIGH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 15,322 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 67,748 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
Total deferred share units after grant: 67,748 units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Deferred share units granted
15,322 units
Grant on June 30, 2026
Total deferred share units after grant
67,748 units
Holdings following transaction
Grant price per unit
$0.00 per unit
Director equity compensation
Underlying common shares
15,322 shares
Each deferred share unit equals one share
Key Terms
Deferred Share Units, contingent right, termination of service
3 terms
contingent right financial
"Each deferred share unit represents the contingent right to receive one share"
termination of service financial
"settled in shares ... following the director's termination of service on the Company's board"
FAQ
What insider transaction did Gogo (GOGO) report for Oakleigh Thorne?
Gogo reported that director and ten-percent owner Oakleigh Thorne received a grant of 15,322 deferred share units. These units are a form of equity compensation tied to Gogo common stock and were awarded at a price of $0.00 per unit.
Does this Gogo Form 4 report a stock sale or purchase by Oakleigh Thorne?
The Form 4 reports an acquisition of 15,322 deferred share units as a grant, not an open-market stock purchase or sale. The transaction code is “A,” indicating a grant, award, or other acquisition of derivative securities tied to Gogo common stock.