Form 4: Gogo Inc. Executive Chair Oakleigh Thorne Reports Stock Transactions

Oakleigh Thorne, Executive Chair of Gogo Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

• On March 24, 2025, Oakleigh Thorne, the Executive Chair of Gogo Inc., reported transactions involving Gogo Inc. stock.
• These transactions included the acquisition of 22,475 shares of common stock through the conversion of restricted stock units and the disposal of 8,102 shares to cover tax obligations at a price of $8.22 per share.
• Additionally, on March 21, 2025, Thorne was granted 336,927 restricted stock units vesting on December 31, 2025, subject to continued employment.
• Following these transactions, Thorne directly owns 725,714 shares of common stock and 22,475 restricted stock units.
• Thorne also has indirect ownership of 27,303,395 shares through Thorndale Farm Gogo, LLC and OAP, LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. The granting of RSUs could be seen as mildly positive.

Positives

• The granting of 336,927 restricted stock units to the Executive Chair signals confidence in the company's future performance.

Future Outlook

The vesting of restricted stock units is contingent upon continued employment with the Company.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.

Key Dates

Keywords

Gogo Inc., Oakleigh Thorne, stock transactions, restricted stock units, beneficial ownership, Form 4