Gogo (GOGO) director awarded 15,322 deferred share units, lifting DSU holdings to 42,859
Rhea-AI Filing Summary
Minihan Michael A reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Michael A. Minihan received a grant of 15,322 Deferred Share Units tied to the company’s common stock. These units were granted on June 30, 2026 at no cash cost and increase his directly held deferred units to 42,859.
Each deferred share unit represents the contingent right to receive one share of Gogo common stock. The units vested in full immediately on the grant date and will be settled in common shares after Minihan’s service on the board ends, aligning part of his compensation with long-term shareholder outcomes.
Positive
- None.
Negative
- None.
Insights
Director received routine equity compensation via 15,322 deferred share units.
Director Michael A. Minihan was granted 15,322 Deferred Share Units, each representing a contingent right to one Gogo common share. The grant was made at a stated price of $0.0000 per unit, indicating compensation rather than a market purchase.
The units vested immediately on June 30, 2026 and will be settled in common stock only after his board service ends. Following this grant, Minihan holds 42,859 deferred units directly, suggesting this filing reflects ongoing board compensation structure rather than an active trading decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 15,322 | $0.00 | -- |
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.