Form 4: Gogo Inc. Executive Karen Jackson Reports Stock Transactions
SEC Form 4 Filing
Karen Jackson, EVP and Chief People Experience Officer at 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 24, 2024, Karen Jackson, EVP and Chief People Experience Officer of Gogo Inc., reported transactions involving the company's common stock.
- Ms. Jackson converted 5,949 restricted stock units (RSUs) into an equal number of common stock shares.
- Simultaneously, 1,743 shares were disposed of to satisfy tax withholding obligations at a price of $8.5 per share.
- Following these transactions, Ms. Jackson directly owns 53,001 shares of Gogo Inc. common stock and 11,898 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing 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 represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Date of grant of 23,797 restricted stock units vesting in four equal annual installments. |
| 03/24/2024 | Date of transaction: conversion of restricted stock units and disposition of shares for tax obligations. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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