Gogo Inc.·4

Apr 3, 4:15 PM ET

Gordon Crystal L 4

Research Summary

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Gogo (GOGO) EVP Crystal Converts RSUs; 5,101 Shares Withheld

What Happened

  • Crystal L. Gordon, Executive VP, General Counsel and Secretary of Gogo Inc., had 17,743 restricted stock units (RSUs) vest and convert into 17,743 common shares on April 1, 2026. To satisfy tax withholding obligations, 5,101 of those shares were withheld at $4.01 per share, generating $20,455. The filing reports the RSU conversion (transaction code M) and the tax withholding (transaction code F).

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely).
  • Vest/convert: 17,743 RSUs converted into 17,743 common shares (code M).
  • Tax withholding: 5,101 shares withheld at $4.01/share for $20,455 (code F).
  • Net shares delivered to the insider: 12,642 shares (17,743 vested − 5,101 withheld).
  • Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were from a 4/1/2024 grant of 70,970 RSUs vesting in four equal annual installments.
  • No open-market sale by the insider was reported; this is a routine vesting and tax-withholding event, not an active purchase/sale decision.

Context

  • This was a standard RSU vesting event and a cashless tax withholding (shares surrendered to cover taxes). Such transactions are common for equity compensation and do not necessarily signal the insider’s view on the company’s near-term prospects. Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = payment of exercise price or tax liability (share withholding).