Gogo Inc.·4

Apr 2, 8:53 PM ET

JONES HUGH W 4

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Gogo (GOGO) Director Hugh W. Jones Receives 11,815 Deferred Share Units

What Happened Hugh W. Jones, a director of Gogo Inc. (GOGO), was granted 11,815 deferred share units (DSUs) on March 31, 2026. The filing reports this as an award/derivative grant (Transaction Code A) with a reported acquisition price of $0.00. These DSUs represent contingent rights to receive common stock in the future rather than immediate share ownership.

Key Details

  • Transaction date: March 31, 2026 (reported on Form 4 for period ending 2026-03-31).
  • Transaction type/code: Grant/Award (A), derivative instrument (deferred share units).
  • Shares/units granted: 11,815 DSUs; reported price: $0.00 (no cash paid).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes:
    • Each DSU represents the contingent right to receive one share of the company’s common stock.
    • The DSUs vest in full on the one-year anniversary of the grant (Mar 31, 2027) and will be settled in common shares following the director’s termination of board service.
  • Timeliness: No late-filing indication provided in the supplied data.

Context Deferred share units are a common form of director compensation that do not represent current shares outstanding; they convert to actual shares only after vesting and the specified settlement condition (here, following termination of board service). This grant is routine compensation-related equity and should not be interpreted as an immediate purchase or sale signal about the director’s market view.