Director at Gogo (GOGO) receives 11,815 deferred share units in equity grant
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 Koch Monte JM received 11,815 Deferred Share Units as a grant of equity compensation. Each deferred share unit represents a contingent right to receive one share of Gogo common stock. After this award, the director directly holds 47,590 deferred share units.
The units were granted on March 31, 2026 and will vest in full on the one-year anniversary of that grant date. They will be settled in shares of Gogo common stock following the director’s termination of service on the company’s board of directors. The grant was recorded at a price of $0.0000 per unit, reflecting a non-cash, compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koch Monte JM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 11,815 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 47,590 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 will vest in full on the one-year anniversary of 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: 11,815 units
Deferred Share Units after grant: 47,590 units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
Deferred Share Units granted
11,815 units
Equity grant to director on March 31, 2026
Deferred Share Units after grant
47,590 units
Total directly held by Koch Monte JM following transaction
Grant price per unit
$0.0000 per unit
Recorded price for Deferred Share Unit award
Underlying common stock
11,815 shares
Common stock underlying newly granted Deferred Share Units
Key Terms
Deferred Share Units, contingent right, vest in full, termination of service
4 terms
contingent right financial
"Each deferred share unit represents the contingent right to receive one share"
vest in full financial
"These deferred share units were granted ... and will vest in full on the one-year anniversary"
termination of service financial
"settled in shares ... following the director's termination of service on the Company's board"
FAQ
What insider transaction did Koch Monte JM report at Gogo (GOGO)?
Koch Monte JM reported receiving 11,815 Deferred Share Units as an equity grant. The award is a compensation-related acquisition, not an open-market purchase, and increases the director’s total directly held deferred share units to 47,590 after the transaction.
Was the Gogo (GOGO) Form 4 transaction an open-market stock purchase or sale?
No. The Form 4 shows a grant of 11,815 Deferred Share Units at $0.0000 per unit, classified as a grant or award acquisition. This reflects non-cash director compensation rather than an open-market buy or sell of Gogo common stock.