Gogo (GOGO) director receives 11,815 Deferred Share Units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS HARRIS N reported acquisition or exercise transactions in this Form 4 filing.
Gogo Inc. director Harris N. Williams received a grant of 11,815 Deferred Share Units on March 31, 2026 as equity compensation. Each unit represents the right to receive one share of Gogo common stock. The units vest in full on the one-year anniversary of the grant date and will be settled in shares after his service on the board ends. Following this grant, Williams holds a total of 180,444 Deferred Share Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILLIAMS HARRIS N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 11,815 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 180,444 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 will vest in full on the one-year anniversary of 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: 11,815 units
Total Deferred Share Units after grant: 180,444 units
DSU-to-share ratio: 1 unit = 1 share
3 metrics
Deferred Share Units granted
11,815 units
Grant on March 31, 2026 to director Harris N. Williams
Total Deferred Share Units after grant
180,444 units
Director’s direct holdings following the March 31, 2026 award
DSU-to-share ratio
1 unit = 1 share
Each Deferred Share Unit represents one Gogo common share
Key Terms
Deferred Share Units, contingent right, vest, termination of service
4 terms
contingent right financial
"Each deferred share unit represents the contingent right to receive one share"
vest financial
"were granted on March 31, 2026, and will vest in full on the one-year anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"will be settled in shares of the Company's common stock following the director's termination of service"
FAQ
What insider transaction did Gogo (GOGO) report for Harris N. Williams?
Gogo reported that director Harris N. Williams received 11,815 Deferred Share Units as an equity grant. The units were awarded on March 31, 2026 and represent additional stock-based compensation rather than an open-market purchase or sale of Gogo shares.
Is the GOGO Form 4 grant an open-market stock purchase or sale?
No. The Form 4 shows a grant classified under code “A” as a grant or award acquisition of 11,815 Deferred Share Units. This is a compensation-related equity award, not an open-market buy or sell transaction involving Gogo common stock at a market price.