MAYES MICHELE COLEMAN 4

What Happened

• Michele Coleman Mayes, a director of Gogo Inc. (GOGO), was granted 16,129 deferred share units (a derivative award) on June 30, 2026. The filing reports an acquisition at $0 per unit (derivative grant), total reported value $0. This was a compensation award to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filed within typical 2-business-day window).
• Instrument: 16,129 deferred share units (DSUs); filing classifies as a derivative award (code A).
• Price reported: $0.00 per unit in the Form 4 (grant value recorded as $0 in filing).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — each DSU represents the contingent right to receive one share of common stock. F2 — DSUs were granted and immediately vested on 6/30 but will be settled in shares only after the director leaves the board.

Context

• This is a routine director compensation grant of deferred share units. Although the units vest immediately, they are not converted into shares until the director’s service ends, so they do not represent current share ownership or an immediate market purchase. Such awards are common for board compensation and should be viewed as compensation-related, not a direct buy/sell signal.