Form 4: Gogo Inc. EVP, COO Michael Begler Reports Stock Transactions
SEC Form 4
Michael Begler, EVP and COO of Gogo Inc., reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On March 28, 2025, Michael Begler, the EVP and COO of Gogo Inc., executed transactions involving the company's stock.
- 7,139 restricted stock units (RSUs) vested and were converted into common stock.
- 2,228 shares were disposed of at a price of $8.61 to satisfy tax obligations.
- Following these transactions, Begler directly owns 114,685 shares of Gogo Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/29/2021 | Reporting person was granted 28,557 RSUs, vesting in four equal annual installments on the first four anniversaries thereof. |
| 03/28/2025 | Date of stock transactions: vesting of RSUs and disposition of shares for tax obligations. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Gogo Inc., Michael Begler, Stock Transaction, Form 4, Restricted Stock Units, RSU, Common Stock, Beneficial Ownership, EVP, COO
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