Gogo (GOGO) director awarded 14,925 deferred share units as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TOWNSEND CHARLES C reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Charles C. Townsend received a grant of 14,925 Deferred Share Units on March 31, 2026. Each unit is linked to one share of Gogo common stock, vests immediately on the grant date, and will be settled in common shares after his service on the board ends. Following this award, Townsend holds 236,852 Deferred Share Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TOWNSEND CHARLES C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 14,925 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 236,852 shares (Direct)
Footnotes (1)
- Each deferred share unit represents the contingent right to receive one share of the Company's common stock. These deferred share units were granted on March 31, 2026, and immediately vest in full on the grant date. The deferred share units will be settled in shares of the Company's common stock following the director's termination of service on the Company's board of directors.
Key Figures
Deferred Share Units granted: 14,925 units
Total Deferred Share Units after grant: 236,852 units
Conversion ratio: 1 unit = 1 share
+1 more
4 metrics
Deferred Share Units granted
14,925 units
Grant to director on March 31, 2026
Total Deferred Share Units after grant
236,852 units
Director’s direct holdings following transaction
Conversion ratio
1 unit = 1 share
Each Deferred Share Unit equals one Gogo common share
Grant price per unit
$0.0000
Compensation award, not a market purchase
Key Terms
Deferred Share Units, contingent right, vest in full, settled in shares, +1 more
5 terms
contingent right financial
"represents the contingent right to receive one share of the Company's common stock"
vest in full financial
"were granted on March 31, 2026, and immediately vest in full on the grant date"
termination of service financial
"following the director's termination of service on the Company's board of directors"