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 3, 2024, Karen Jackson, EVP, Chief People Experience Officer of Gogo Inc., had restricted stock units vest and convert into 7,109 shares of common stock.
- Also on March 3, 2024, Jackson disposed of 3,526 shares of common stock at a price of $8.41 to satisfy tax withholding obligations.
- Following these transactions, Jackson directly owns 43,139 shares of Gogo Inc. common stock and 21,324 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Reporting person was granted 28,433 restricted stock units, vesting in four equal annual installments on the first four anniversaries of March 3, 2023, subject to continued employment with the Company. |
| 03/03/2024 | Restricted stock units converted into common stock and shares disposed of for tax obligations. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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