Form 4: Gogo Inc. Executive Leigh Goldfine Reports Stock Transactions
SEC Form 4 Filing
Leigh Goldfine, VP, Controller and CAO of Gogo Inc., reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On September 27, 2024, Leigh Goldfine, VP, Controller and CAO of Gogo Inc., reported transactions involving Gogo Inc. common stock.
- Goldfine exercised 1,500 restricted stock units (RSUs) which converted into 1,500 shares of common stock.
- Simultaneously, 431 shares were disposed of at a price of $7.24 to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Goldfine directly owns 7,746 shares of Gogo Inc. common stock and 4,500 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 09/29/2023 | Reporting person was granted 6,000 restricted stock units, vesting in four equal annual installments on the first four anniversaries of this date. |
| 09/27/2024 | Date of reported transactions: exercise of restricted stock units and disposition of shares for tax obligations. |
| 10/01/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.