Form 4: Gogo Inc. Director Michael Abad-Santos Reports Acquisition of Deferred Share Units

Director Michael Abad-Santos reports acquisition of 5,510 deferred share units of Gogo Inc. on March 31, 2025, vesting in one year.

Summary

• Michael Abad-Santos, a director of Gogo Inc., filed a Form 4 on April 02, 2025, reporting a transaction.
• On March 31, 2025, Mr. Abad-Santos acquired 5,510 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 Company's board of directors.
• Following the reported transaction, Mr. Abad-Santos beneficially owns 39,002 deferred share units.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating routine compensation practices. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

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 in publicly traded companies.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Gogo Inc., Deferred Share Units, Beneficial Ownership, Michael Abad-Santos, Director