GOGO.NASDAQGogo INC
Form 4: Gogo Inc. EVP and CFO Jessica Betjemann Reports Stock Transactions
Sentiment:
SEC Form 4
Jessica Betjemann, EVP and CFO of Gogo Inc., reports the vesting and subsequent disposal of shares to cover tax obligations related to restricted stock units.
Summary
- On March 17, 2024, Jessica Betjemann, the EVP and CFO of Gogo Inc., had restricted stock units convert into 2,750 shares of common stock.
- Also on March 17, 2024, Betjemann disposed of 1,218 shares of common stock at a price of $8.79 to cover tax obligations.
- Following these transactions, Betjemann directly owns 65,904 shares of Gogo Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by a company executive, indicating a neutral sentiment.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/17/2020 | Initial grant date for 11,000 restricted stock units vesting in four equal installments on the first four anniversaries. |
| 12/31/2022 | 19,500 restricted stock units vested and settled. |
| 03/17/2024 | Conversion of 2,750 restricted stock units to common stock and disposal of 1,218 shares for tax obligations. |
| 03/19/2024 | Date of Form 4 signature. |
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