Gogo accounting chief converts units into 1,500 shares
The 6,000 units were granted in 2023 and vest in four equal annual installments, subject to continued employment.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Leigh Goldfine, Gogo Inc.’s VP, Chief Accounting Officer, reported conversion of 1,500 restricted stock units into 1,500 common shares on September 29, 2026, on a one-for-one basis. On that date, 431 common shares were delivered or withheld for payment of exercise price or tax liability; the reported price was $2.23 per share. The units were granted on September 29, 2023, and vest in four equal annual installments on the first four anniversaries, subject to continued employment with the Company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,500 | -- | -- |
| Exercise | Common Stock F1 | 1,500 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 431 | $2.23 | $961.13 |
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On September 29, 2023, the reporting person was granted 6,000 restricted stock units, vesting in four equal annual installments on the first four anniversaries of September 29, 2023, subject to continued employment with the Company.
Key Figures
Key Terms
Restricted stock units financial
one-for-one basis financial
annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transactions did GOGO accounting chief Leigh Goldfine report?
AI-generated analysis. How Rhea-AI works. Not financial advice.