Form 4: Gogo Inc. Executive Karen Jackson Reports Stock Transactions
SEC Form 4
Karen Jackson, EVP and Chief People Experience Officer at Gogo Inc., reports the vesting and sale of restricted stock units.
Summary
- On March 17, 2024, Karen Jackson, EVP, Chief People Experience Officer of Gogo Inc., executed transactions involving Gogo Inc. common stock.
- Jackson converted 8,000 restricted stock units into common stock.
- She then disposed of 2,344 shares to cover tax obligations at a price of $8.79 per share.
- Following these transactions, Jackson directly owns 48,795 shares of Gogo Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to executive compensation.
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 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 of 32,000 restricted stock units vesting in four equal installments on the first four anniversaries. |
| 12/31/2022 | 55,250 restricted stock units vested and settled. |
| 03/17/2024 | Conversion of 8,000 restricted stock units to common stock and disposal of 2,344 shares for tax obligations. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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