Form 4: Gogo Director Harris N. Williams Receives Deferred Share Unit Grant
Insider Transaction Report
Gogo Inc. Director Harris N. Williams was granted 3,235 deferred share units, which will vest in June 2026 and convert to common stock upon his board service termination.
Summary
- Harris N. Williams, a director of Gogo Inc., was granted 3,235 deferred share units (DSUs) on June 30, 2025.
- Each deferred share unit represents the contingent right to receive one share of Gogo's common stock.
- The granted DSUs will vest in full on the one-year anniversary of the grant date, specifically June 30, 2026.
- Settlement of these deferred share units into shares of common stock will occur following Mr. Williams' termination of service on the Company's board of directors.
- Following this reported transaction, Mr. Williams beneficially owns a total of 152,907 deferred share units.
Sentiment
Score: 7
Explanation: The grant of deferred share units to a director is a routine compensation event that aligns the director's interests with shareholders, indicating stability in governance and compensation practices.
Positives
- The grant of 3,235 deferred share units to a director aligns their interests with long-term shareholder value.
- The vesting schedule encourages continued service and commitment from the director to the company's performance.
Future Outlook
The 3,235 deferred share units granted are scheduled to vest in full on June 30, 2026, and will be settled in common stock upon the director's termination of board service.
Industry Context
This filing is a routine insider transaction report, common across all industries for publicly traded companies, detailing equity compensation for a director. It does not provide broader industry trends or competitive insights.
Stakeholder Impact
- Shareholders: The grant of deferred share units to a director aligns their interests with long-term shareholder value, as the value of the units is tied to the company's stock performance.
Next Steps
- Vesting of the 3,235 deferred share units on June 30, 2026.
- Settlement of deferred share units into common stock upon Harris N. Williams' termination of service on the board.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Grant date of 3,235 deferred share units to Director Harris N. Williams. |
| 07/02/2025 | Date the Form 4 was signed by the attorney-in-fact for Harris N. Williams. |
| 06/30/2026 | Vesting date for the 3,235 deferred share units granted to Harris N. Williams. |
Recommendation
holdKeywords
Gogo Inc., GOGO, Harris N. Williams, SEC Form 4, deferred share units, DSU, equity grant, director compensation, beneficial ownership
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