GOGO.NASDAQGogo INC

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

Sentiment:

SEC Form 4 Filing


Oakleigh Thorne, Executive Chair of Gogo Inc., reports the vesting and disposal of restricted stock units and adjustments to beneficial ownership.

Summary

  • On March 28, 2025, Oakleigh Thorne, the Executive Chair of Gogo Inc., reported transactions involving Gogo Inc. common stock.
  • These transactions included the conversion of 43,017 restricted stock units into common stock and the disposal of 15,507 shares to cover tax obligations at a price of $8.61 per share.
  • Following these transactions, Thorne directly owns 753,224 shares of common stock.
  • Thorne also indirectly owns 100 shares through a spouse and 27,303,395 shares through Thorndale Farm Gogo, LLC and OAP, LLC.
  • Thorne disclaims beneficial ownership of shares held by Thorndale Farm Gogo, LLC and OAP, LLC except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
03/29/2021Reporting person was granted 172,069 restricted stock units, vesting in four equal annual installments.
03/28/2025Date of stock transactions: conversion of restricted stock units and disposal of shares.
04/01/2025Date of signature for the report.

Keywords

Gogo Inc., Oakleigh Thorne, Executive Chair, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Common Stock

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