Form 4: Gogo Inc. Executive Vice President Crystal L. Gordon Reports Stock Transactions
SEC Form 4 Filing
Crystal L. Gordon, EVP, Gen Counsel and Secretary of Gogo Inc., reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On March 3, 2024, Crystal L. Gordon, EVP, Gen Counsel and Secretary of Gogo Inc., had restricted stock units vest and convert into 10,587 shares of common stock.
- Also on March 3, 2024, Ms. Gordon disposed of 3,604 shares of common stock at a price of $8.41 per share to satisfy tax withholding obligations related to the vesting of the restricted stock units.
- Following these transactions, Ms. Gordon directly owns 10,049 shares of Gogo Inc. common stock and 31,760 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2023 | Reporting person was granted 42,347 restricted stock units, vesting in four equal annual installments. |
| 03/03/2024 | Restricted stock units vested and shares were disposed of for tax obligations. |
| 03/05/2024 | Date of signature for the report. |
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.