Gogo EVP converts RSUs, withholds shares for taxes
Gogo Inc. executive Gordon L. Crystal, EVP, General Counsel and Secretary, reported equity transactions tied to previously granted restricted stock units.
Rhea-AI Filing Summary
Gogo Inc. executive Gordon L. Crystal, EVP, General Counsel and Secretary, reported equity transactions tied to previously granted restricted stock units. On March 3, 2026, he exercised 10,587 restricted stock units at $0.00 per unit, converting them on a one-for-one basis into 10,587 shares of common stock.
To cover tax obligations, 3,604 shares of common stock were disposed of at $4.84 per share through a tax-withholding transaction, rather than an open-market sale. After these transactions, he held 42,660 shares of common stock and 10,586 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,587 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,587 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,604 | $4.84 | $17K |
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On March 3, 2023, the reporting person was granted 42,347 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 3, 2023, subject to continued employment with the Company.
FAQ
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What insider transactions did GOGO executive Gordon L. Crystal report?
How do GOGO restricted stock units convert into common stock?
When were the reported GOGO restricted stock units originally granted?
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