Form 4: Gogo EVP Converts RSUs, Sells Shares for Tax
Insider Transaction Report
Gogo Inc.'s EVP, General Counsel, and Secretary, Crystal L. Gordon, converted restricted stock units into common stock and subsequently sold a portion to cover tax obligations.
Summary
- Crystal L. Gordon, Executive Vice President, General Counsel, and Secretary of Gogo Inc., reported transactions on November 3, 2025.
- Converted 4,249 restricted stock units (RSUs) into Gogo common stock on a one-for-one basis.
- Following this conversion, 36,898 shares of common stock were beneficially owned.
- Disposed of 1,221 shares of common stock at a price of $8.81 per share.
- After all reported transactions, 35,677 shares of common stock are beneficially owned directly.
- The disposition of shares was likely to cover tax liabilities associated with the RSU vesting and conversion.
Sentiment
Score: 5
Explanation: This is a routine insider transaction filing (Form 4) reporting the conversion of restricted stock units and a subsequent sale to cover tax liabilities. It does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing and does not provide information directly related to broader industry trends or competitive landscape.
Stakeholder Impact
- Minimal direct impact on shareholders beyond routine disclosure of executive compensation activity.
Key Dates
| Date | Description |
|---|---|
| 11/30/2022 | Grant date of 12,747 restricted stock units to Crystal L. Gordon, vesting in four equal annual installments on the first three anniversaries of November 3, 2022. |
| 11/03/2025 | Date of RSU conversion into common stock and subsequent disposition of common stock. |
| 11/05/2025 | Signature date of the reporting person for the Form 4 filing. |
Keywords
Gogo Inc., GOGO, Form 4, insider transaction, restricted stock units, RSU conversion, stock sale, executive compensation
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