GOGO.NASDAQGogo INC

Form 4: Gogo Inc. Executive Vice President Crystal L. Gordon Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Crystal L. Gordon, EVP, Gen Counsel and Secretary of Gogo Inc., reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.

Summary

  • On November 3, 2024, Crystal L. Gordon, EVP, Gen Counsel and Secretary of Gogo Inc., reported transactions involving Gogo Inc. common stock.
  • Gordon acquired 4,249 shares of common stock through the vesting of restricted stock units (RSUs).
  • Simultaneously, Gordon disposed of 1,221 shares of common stock at a price of $6.66 to satisfy tax withholding obligations related to the RSU vesting.
  • Following these transactions, Gordon directly owns 13,077 shares of Gogo Inc. common stock and 4,249 restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reflects routine stock transactions related to executive compensation.

Industry Context

This 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 are related to executive compensation and tax obligations.

Key Dates

DateDescription
November 30, 2022Reporting person was granted 12,747 restricted stock units, vesting in three equal annual installments on the first three anniversaries of November 3, 2022.
November 3, 2024Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations.
November 5, 2024Date of signature for the Form 4 filing.

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