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Gogo director Oakleigh Thorne exercises 125,000 options

The options vested in four equal installments on the first four anniversaries of March 17, 2020, subject to continued employment.

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Form Type
4

Rhea-AI Filing Summary

Gogo Inc. director and ten percent owner Oakleigh Thorne exercised options for 125,000 common shares on November 5, 2026, at an exercise price of $2.14 per share. The cash exercise was between Thorne and Gogo and did not involve a market sale; the reported option position afterward was zero. Thorne's direct common-stock holdings after the transaction were 1,552,929 shares. No Rule 10b5-1 plan is reported.

Insider THORNE OAKLEIGH
Role Director, 10% Owner
Type Security Shares Price Value
Exercise Options (Right to Buy) F3 125,000 $0.00 $0.00
Exercise Common Stock F1 125,000 $2.14 $268K
Holding Common Stock -- -- --
Holding Common Stock F2 -- -- --
Holdings After Transaction: Options (Right to Buy) — 0 options (Direct); Common Stock — 1,552,929 shares (Direct); Common Stock — 100 shares (Indirect, By Spouse); Common Stock — 27,303,395 shares (Indirect, See Footnote)
Footnotes (3)
  1. F1. Represents shares acquired upon the cash exercise of stock options. The transaction was between the reporting person and the issuer, and did not involve a sale of shares or other transaction with the market.
  2. F2. Reflects (i) 27,163,859 shares of common stock held directly by Thorndale Farm Gogo, LLC and (ii) 139,536 shares of common stock held directly by OAP, LLC. Thorndale Farm, Inc. is the managing member of Thorndale Farm Gogo, LLC. Mr. Thorne, as the chief executive officer of Thorndale Farm, Inc., may be deemed to have beneficial ownership of the shares of common stock held by Thorndale Farm Gogo, LLC. Additionally, Mr. Thorne, as the managing member of OAP, LLC, may be deemed to have beneficial ownership of the shares of common stock held by OAP, LLC. Mr. Thorne and Thorndale Farm, Inc. disclaim beneficial ownership of such shares of common stock except, in each case, to the extent of any pecuniary interest therein and this report shall not be deemed an admission that Mr. Thorne or Thorndale Farm, Inc. is a beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.
  3. F3. These options vested and became exercisable in four equal installments on the first four anniversaries of March 17, 2020, subject to continued employment with the Company.
Options exercised 125,000 options November 5, 2026
Exercise price $2.14 per share Cash exercise on November 5, 2026
Common shares acquired 125,000 shares Cash exercise on November 5, 2026
Direct common shares held after transaction 1,552,929 shares After the November 5, 2026 transaction
Reported option position after exercise 0 shares After the November 5, 2026 transaction
Entity-held indirect shares reported 27,303,395 shares Held through Thorndale Farm Gogo, LLC and OAP, LLC
cash exercise financial
"cash exercise of stock options"
beneficial ownership regulatory
"may be deemed to have beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except, in each case, to the extent of any pecuniary interest therein"
exercisable technical
"vested and became exercisable in four equal installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GOGO shares did Oakleigh Thorne acquire?

Oakleigh Thorne exercised options to acquire 125,000 Gogo common shares on November 5, 2026, at $2.14 per share, through a cash exercise with Gogo; it did not involve a market sale. His direct holdings afterward were 1,552,929 shares. No Rule 10b5-1 plan is reported.

What were the vesting terms for Oakleigh Thorne's GOGO options?

The options vested in four equal installments on the first four anniversaries of March 17, 2020, subject to continued employment with Gogo.

What indirect GOGO holdings were reported through Oakleigh Thorne's entities?

The indirect holding entry lists 27,303,395 Gogo common shares: 27,163,859 held by Thorndale Farm Gogo, LLC and 139,536 held by OAP, LLC. Oakleigh Thorne may be deemed a beneficial owner through his stated roles, but he and Thorndale Farm, Inc. disclaim beneficial ownership except to the extent of any pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
THORNE OAKLEIGH

(Last)(First)(Middle)
C/O GOGO INC.
105 EDGEVIEW DR., STE 300

(Street)
BROOMFIELD COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gogo Inc. [ GOGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/05/2026M125,000A$2.14(1)1,552,929D
Common Stock100IBy Spouse
Common Stock27,303,395I(2)See Footnote
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options (Right to Buy)$2.1411/05/2026M125,000 (3)03/17/2030Common Stock125,000$00D
Explanation of Responses:
1. Represents shares acquired upon the cash exercise of stock options. The transaction was between the reporting person and the issuer, and did not involve a sale of shares or other transaction with the market.
2. Reflects (i) 27,163,859 shares of common stock held directly by Thorndale Farm Gogo, LLC and (ii) 139,536 shares of common stock held directly by OAP, LLC. Thorndale Farm, Inc. is the managing member of Thorndale Farm Gogo, LLC. Mr. Thorne, as the chief executive officer of Thorndale Farm, Inc., may be deemed to have beneficial ownership of the shares of common stock held by Thorndale Farm Gogo, LLC. Additionally, Mr. Thorne, as the managing member of OAP, LLC, may be deemed to have beneficial ownership of the shares of common stock held by OAP, LLC. Mr. Thorne and Thorndale Farm, Inc. disclaim beneficial ownership of such shares of common stock except, in each case, to the extent of any pecuniary interest therein and this report shall not be deemed an admission that Mr. Thorne or Thorndale Farm, Inc. is a beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.
3. These options vested and became exercisable in four equal installments on the first four anniversaries of March 17, 2020, subject to continued employment with the Company.
/s/ Lauren Stigall, attorney-in-fact for Oakleigh Thorne11/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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