TOWNSEND CHARLES C 4

What Happened
Charles C. Townsend, a director of Gogo Inc. (GOGO), acquired 250,000 shares through open-market purchases: 91,409 shares on March 11, 2026 at a weighted average price of $4.54 (≈ $414,723) and 158,591 shares on March 12, 2026 at a weighted average price of $4.57 (≈ $723,984). Combined consideration for the two transactions was roughly $1,138,707. These were purchases (insider buys), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-03-11: Purchase of 91,409 shares at $4.54 (weighted avg; range $4.48–$4.56) — footnote F1.
  • 2026-03-12: Purchase of 158,591 shares at $4.57 (weighted avg; range $4.46–$4.65) — footnote F2.
• Total shares acquired: 250,000; total value ≈ $1.14 million.
• Shares were bought in multiple trades (weighted-average prices reported); Mr. Townsend purchased at least some shares in his personal account (F3).
• Some related holdings are held by the Charles C. Townsend III Trust (F4) and Pac 3, LLC (F5); Mr. Townsend may be deemed to have beneficial ownership of those holdings, but he disclaims beneficial ownership except for any pecuniary interest (F6).
• Filing timeliness: Form 4 filed March 13, 2026 disclosing transactions on March 11–12 — appears timely under standard two-business-day filing rules.

Context
These were straight open-market purchases (transaction code P) reported by a company director. Purchases by insiders can signal confidence, but filings do not state motivation. The filing notes weighted-average prices and that the purchases occurred in multiple trades; the reporting person has offered to provide per-trade price details on request.