Form 4: Gogo Inc. Director Mark M. Anderson Reports Acquisition of Deferred Share Units

Director Mark M. Anderson reports acquisition of 6,237 deferred share units of Gogo Inc. on June 30, 2024, vesting in one year.

Summary

• Mark M. Anderson, a director of Gogo Inc., filed a Form 4 on July 2, 2024, reporting a transaction.
• On June 30, 2024, Anderson acquired 6,237 deferred share units.
• These units represent the contingent right to receive one share of Gogo Inc.'s common stock each.
• The deferred share units vest in full on the one-year anniversary of the grant date.
• Settlement will occur in shares of common stock following the director's termination of service on the board.
• Following the reported transaction, Anderson beneficially owns 58,027 deferred share units directly.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction involving deferred share units. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred share units will be settled in shares of Gogo Inc.'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 of a director's acquisition of deferred share units, a common form of equity compensation.

Stakeholder Impact

• The acquisition of deferred share units by a director aligns their interests with those of shareholders.

Key Dates