Form 4: Gogo Inc. Director Harris N. Williams Reports Acquisition of Deferred Share Units

Director Harris N. Williams reports acquisition of 4,937 deferred share units of Gogo Inc. on June 30, 2024, which will vest in full on the one-year anniversary of the grant date.

Summary

• On June 30, 2024, Harris N. Williams, a director of Gogo Inc., acquired 4,937 deferred share units.
• These units represent the contingent right to receive one share of Gogo Inc.'s common stock each.
• The deferred share units will vest in full on June 30, 2025, one year after the grant date.
• Settlement of these units will occur in shares of Gogo Inc.'s common stock following the director's termination of service on the Company's board of directors.
• Following the reported transaction, Williams directly owns 131,676 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of deferred share units, indicating alignment between the director's interests and the company's performance.

Positives

• The acquisition of deferred share units by a director signals confidence in the company's future performance.

Future Outlook

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.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for board members at Gogo Inc.

Stakeholder Impact

• The acquisition of deferred share units by a director can positively influence shareholder confidence.

Key Dates