GOGO.NASDAQGogo INC

Form 4: Gogo Inc. Executive Leigh Goldfine Reports Stock Transactions

Sentiment:

SEC Form 4

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Leigh Goldfine, VP, Controller and CAO of Gogo Inc., reports the vesting and subsequent disposal of restricted stock units on March 3, 2024.

Summary

  • On March 3, 2024, Leigh Goldfine, VP, Controller and CAO of Gogo Inc., reported transactions involving Gogo Inc. common stock.
  • Goldfine vested 3,328 restricted stock units (RSUs) which converted into common stock on a one-for-one basis.
  • Simultaneously, Goldfine disposed of 1,133 shares of common stock to cover tax obligations at a price of $8.41 per share.
  • Following these transactions, Goldfine directly owns 6,677 shares of Gogo Inc. common stock and 9,981 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
03/03/2023Grant date of 13,309 restricted stock units vesting in four equal annual installments.
03/03/2024Vesting of 3,328 restricted stock units and disposal of 1,133 shares for tax obligations.
03/05/2024Date of signature on the Form 4 filing.

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