Gogo (GOGO) director Anderson awarded 14,925 deferred share units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANDERSON MARK M. reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Mark M. Anderson received a grant of 14,925 Deferred Share Units as compensation. The award was made on March 31, 2026 and represents a contingent right to receive an equal number of Gogo common shares.
The units will vest in full on the one-year anniversary of the grant date and will be settled in common stock after Anderson’s service on the board ends. Following this grant, he holds a total of 119,630 Deferred Share Units directly. This filing reflects a compensation-related equity award, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANDERSON MARK M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 14,925 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 119,630 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: 14,925 units
Price per Deferred Share Unit: $0.00 per unit
Total Deferred Share Units after grant: 119,630 units
+1 more
4 metrics
Deferred Share Units granted
14,925 units
Grant on March 31, 2026
Price per Deferred Share Unit
$0.00 per unit
Reported transaction price
Total Deferred Share Units after grant
119,630 units
Holdings following transaction
Underlying common shares
14,925 shares
Each unit equals one Gogo common share
Key Terms
Deferred Share Units, grant/award acquisition, vest, termination of service
4 terms
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for the units"
vest financial
"will vest in full on the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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 Mark M. Anderson report in this Form 4?
Mark M. Anderson reported receiving 14,925 Deferred Share Units as a compensation-related equity award. Each unit represents a contingent right to one Gogo common share, vesting after one year and settling in shares after his board service ends.
Is Mark M. Anderson’s Gogo (GOGO) Form 4 filing an open-market stock purchase or sale?
No. The Form 4 reflects a grant of 14,925 Deferred Share Units as compensation, not an open-market transaction. The award was made at a reported price of $0.00 per unit and will convert into shares only after vesting and board service termination.