Gogo Inc. insider Charles Townsend reports new stock purchases
Rhea-AI Filing Summary
Gogo Inc. (GOGO) director Charles C. Townsend III reported additional purchases of the company’s common stock. On 11/14/2025, a trust for which he serves as co-trustee bought 31,314 shares at a weighted average price of $7.099 per share, increasing that trust’s holdings to 1,972,002 shares held indirectly. On 11/17/2025, he separately bought 78,695 shares in his personal account at a weighted average price of $7.07 per share, which he reports as directly owned. He also reports 2,120,344 shares held indirectly through an LLC where he serves as president. Townsend states that he may be deemed to have beneficial ownership of the trust and LLC shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Insider has increased beneficial ownership through open-market purchases via trust, LLC, and personal account.
The filing shows a director of Gogo Inc. acquiring common stock in open-market transactions coded "P". On
In addition, an LLC associated with the reporter is shown as holding 2,120,344 shares indirectly after the reported transactions. The footnotes clarify that the reporter may be deemed to have beneficial ownership through roles as co‑trustee and as president of the LLC, while formally disclaiming beneficial ownership beyond any pecuniary interest. All prices are disclosed as weighted averages over narrow intraday ranges, with an undertaking to provide detailed trade breakdowns on request, which supports transparency.
The net effect is a higher reported beneficial stake and greater economic exposure to Gogo Inc. equity. The filing also documents the different holding vehicles (trust, LLC, and personal account), which matters for understanding control and alignment over time. A practical item to watch is any future Form 4 activity by the same reporting person or entities, especially after
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 78,695 | $7.07 | $556K |
| Purchase | Common Stock | 31,314 | $7.099 | $222K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.01 to $7.20, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.94 to $7.19, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Shares are held directly by the Charles C. Townsend III Trust. Mr. Townsend, as a co-trustee of the foregoing trust, may be deemed to have beneficial ownership of the shares held by it. Shares are held directly by Pac 3, LLC. Mr. Townsend, as the president of the foregoing company, may be deemed to have beneficial ownership of the shares held by it. Mr. Townsend purchased these shares in his personal account. Mr. Townsend disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
FAQ
What insider transactions were reported for Gogo Inc. (GOGO)?
The filing reports that director Charles C. Townsend III purchased Gogo common stock in November 2025, including 31,314 shares through a trust and 78,695 shares in his personal account.
What Gogo (GOGO) holdings are reported through Pac 3, LLC?
The filing shows 2,120,344 Gogo common shares held indirectly through Pac 3, LLC, where Mr. Townsend serves as president and may be deemed to have beneficial ownership.