Form 4: Gogo Inc. Director Michele Coleman Mayes Acquires Deferred Share Units

Director Michele Coleman Mayes acquired 6,180 deferred share units of Gogo Inc. on December 31, 2024, which will vest in full on the one-year anniversary of the grant date.

Summary

• On December 31, 2024, Michele Coleman Mayes, a director of Gogo Inc., acquired 6,180 deferred share units.
• These units will vest on December 31, 2025, one year after the grant date.
• Each deferred share unit represents the right to receive one share of Gogo Inc.'s common stock.
• The deferred share units will be settled in shares of common stock following the director's termination of service on the Company's board of directors.
• Following the transaction, Ms. Mayes beneficially owns 177,003 shares of Gogo Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard compensation practice. 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 the Company's common stock following the director's termination of service on the Company's board of directors.

Industry Context

This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.

Stakeholder Impact

• Shareholders are informed about changes in beneficial ownership by a company director.
• The transaction has a minor impact on the total number of shares outstanding, which will occur in the future when the deferred share units vest and are settled.

Key Dates