Form 4: Gogo Inc. Director Monte JM Koch Reports Acquisition of Deferred Share Units
SEC Form 4
Director Monte JM Koch reports acquisition of 5,510 deferred share units in Gogo Inc.
Summary
- On March 31, 2025, Monte JM Koch, a director of Gogo Inc., acquired 5,510 deferred share units.
- These units represent the contingent right to receive one share of Gogo's common stock each.
- The deferred share units were granted on March 31, 2025, and will vest in full on the one-year anniversary of the grant date.
- The units will be settled in shares of Gogo's common stock following the director's termination of service on the Company's board of directors.
- Following the transaction, Koch directly owns 16,818 deferred share units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of director compensation.
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 disclosure related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The acquisition of deferred share units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction and grant of deferred share units |
| 04/02/2025 | Date of Form 4 filing |
Keywords
Gogo Inc., Monte JM Koch, deferred share units, director, Form 4, beneficial ownership, GOGO
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