GTCR entities add 19,354 Gogo (GOGO) deferred share units via director grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gogo Inc. reported that affiliates GTCR Partners XII/A&C LP and GTCR Investment XII LLC indirectly acquired 19,354 deferred share units tied to Gogo common stock. The units were granted on June 30, 2026 to director Mark Anderson as compensation and vest immediately on the grant date.
Each deferred share unit represents the right to receive one share of common stock, to be settled after Mr. Anderson leaves the board. Under GTCR policies, he must hold these securities for the benefit of GTCR-affiliated entities, and the reporting persons disclaim beneficial ownership beyond any pecuniary interest. Following this grant, the reported deferred share unit balance is 138,984 units held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GTCR Partners XII/A&C LP, GTCR Investment XII LLC
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 19,354 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 138,984 shares (Indirect, See Footnotes)
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 to Mr. Mark Anderson, a director of the Company, 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. Mr. Anderson is an employee of GTCR LLC, an affiliate of the Reporting Persons. Pursuant to the policies of certain GTCR-affiliated entities, Mr. Anderson must hold these securities on behalf of and for the benefit of the GTCR-affiliated entities. GTCR Partners XII/A&C LP is the general partner of Silver (Equity) Holdings, LP and Silver (XII) Holdings, LP, each of which hold securities of the Company. GTCR Investment XII LLC is the general partner of GTCR Partners XII/A&C LP. GTCR Investment XII LLC is managed by a six-member board of managers (the "GTCR Board of Managers"). Each of the Reporting Persons is a "director by deputization" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. Each of the Reporting Persons and the individual members of the GTCR Board of Managers disclaims beneficial ownership of the securities reported herein, except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons or Mr. Anderson is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Key Figures
Deferred share units granted: 19,354 units
Deferred units after transaction: 138,984 units
Conversion ratio: 1 unit = 1 share
+1 more
4 metrics
Deferred share units granted
19,354 units
Grant to director Mark Anderson on June 30, 2026
Deferred units after transaction
138,984 units
Indirect holdings following the June 30, 2026 grant
Conversion ratio
1 unit = 1 share
Each deferred share unit equals one Gogo common share
Transaction code
A (grant/award acquisition)
Compensation-related acquisition of deferred share units
Key Terms
Deferred Share Units, director by deputization, Section 16, beneficial ownership
4 terms
director by deputization regulatory
"Each of the Reporting Persons is a "director by deputization" for purposes of Section 16"
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
beneficial ownership financial
"disclaims beneficial ownership of the securities reported herein, except to the extent"
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.
FAQ
What insider transaction did Gogo (GOGO) report in this Form 4?
Gogo reported an indirect acquisition of 19,354 deferred share units linked to its common stock. These units were granted to director Mark Anderson and are held for the benefit of GTCR-affiliated entities under their internal policies.
Who are the reporting persons in Gogo (GOGO) GTCR Form 4 filing?
The reporting persons are GTCR Partners XII/A&C LP and GTCR Investment XII LLC. Both are significant Gogo security holders and are treated as directors by deputization under Section 16 of the Securities Exchange Act for this position.
How is beneficial ownership described for GTCR in this Gogo (GOGO) Form 4?
GTCR-affiliated reporting persons and GTCR Board of Managers members disclaim beneficial ownership of the securities beyond their pecuniary interest. The filing clarifies that this report does not admit beneficial ownership for Section 16 or any other purpose.