Form 4: GTCR Partners Awarded Deferred Share Units in Gogo Inc.

GTCR Partners XII/A&C LP, along with related entities, reports the acquisition of deferred share units in Gogo Inc. by director Mark Anderson, vesting in one year.

Summary

• GTCR Partners XII/A&C LP, GTCR Investment XII LLC, and related entities have filed a Form 4 detailing changes in beneficial ownership of Gogo Inc. securities.
• Director Mark Anderson was granted 6,960 deferred share units on March 31, 2025, which will vest in full on the one-year anniversary of the grant date.
• These deferred share units represent the contingent right to receive one share of Gogo Inc.'s common stock each and will be settled in shares upon Mr. Anderson's termination of service on the board.
• Mr. Anderson is an employee of GTCR LLC, and the securities are held on behalf of GTCR-affiliated entities.
• The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing related to director compensation, which is neither particularly positive nor negative. The sentiment is neutral.

Positives

• The grant of deferred share units to a director aligns his interests with the long-term performance of Gogo Inc.

Future Outlook

The deferred share units will vest in one year and be settled in shares of Gogo Inc.'s common stock following the director's termination of service on the board.

Industry Context

This filing reflects standard practices for compensating board members with equity-based awards to align their interests with shareholders.

Stakeholder Impact

• The grant of deferred share units aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Gogo Inc., GTCR Partners, Deferred Share Units, Beneficial Ownership, Form 4, Director Compensation, Equity Securities