Gogo (GOGO) VP converts RSUs to stock and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gogo Inc. VP and Chief Accounting Officer Leigh Goldfine reported routine equity compensation activity. On March 3, 2026, 3,327 restricted stock units were exercised, converting into 3,327 shares of common stock on a one-for-one basis. To cover tax obligations, 1,132 shares of common stock were disposed of at $4.84 per share through a tax-withholding transaction. After these transactions, Goldfine directly owned 22,530 shares of Gogo common stock. The restricted stock units were part of a grant of 13,309 units awarded on March 3, 2023, scheduled to vest in four equal annual installments, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,327 shares exercised/converted
Mixed
3 txns
Insider
Goldfine Leigh
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,327 | $0.00 | -- |
| Exercise | Common Stock | 3,327 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,132 | $4.84 | $5K |
Holdings After Transaction:
Restricted Stock Units — 3,327 shares (Direct);
Common Stock — 23,662 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On March 3, 2023, the reporting person was granted 13,309 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
What insider transactions did Gogo (GOGO) report for Leigh Goldfine?
Gogo reported that VP and Chief Accounting Officer Leigh Goldfine exercised 3,327 restricted stock units into common shares and disposed of 1,132 shares to cover taxes. Following these equity compensation transactions, Goldfine directly held 22,530 shares of Gogo common stock.
What are the terms of Leigh Goldfine’s restricted stock unit grant at Gogo (GOGO)?
On March 3, 2023, Leigh Goldfine received a grant of 13,309 restricted stock units from Gogo. These units vest in four equal annual installments on the first four anniversaries of that date, subject to Goldfine’s continued employment with the company.
How do Gogo (GOGO) restricted stock units convert into common stock for Leigh Goldfine?
Gogo’s filing states that restricted stock units held by Leigh Goldfine convert into common stock on a one-for-one basis. In this Form 4, 3,327 restricted stock units converted into 3,327 shares of common stock upon vesting, consistent with that conversion ratio.