JONES HUGH W 4
4 · Gogo Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Gogo Director Hugh W. Jones Receives 15,322 Deferred Share Units
What Happened Hugh W. Jones, a director of Gogo Inc. (GOGO), was granted 15,322 deferred share units (DSUs) on June 30, 2026. The Form 4 reports the units at $0.00 per unit (derivative award). These DSUs are a compensation award for board service rather than an open-market purchase or sale of stock.
Key Details
- Transaction type: Award/Grant (code A) of deferred share units (derivative).
- Grant date: June 30, 2026; Filing date: July 2, 2026.
- Units granted: 15,322 DSUs; reported price: $0.00 (typical for deferred/award grants).
- Shares owned after transaction: not specified in the provided report.
- Footnotes: (1) Each DSU represents the contingent right to receive one share of common stock. (2) The DSUs vest immediately on grant but will be settled in shares only after the director leaves the board.
- Timeliness: Filing appears timely (Period of Report 6/30/2026; filed 7/2/2026).
Context DSUs are a common form of non-cash director compensation and differ from an outright stock purchase or sale; they do not transfer shares to the director now but give the right to receive shares later (here, after termination of board service). Such awards typically reflect routine compensation and should not be read as a near-term buy/sell signal.
Insider Transaction Report
- Award
Deferred Share Units
[F1][F2]2026-06-30+15,322→ 184,285 total→ Common Stock (15,322 underlying)
Footnotes (2)
- [F1]Each deferred share unit represents the contingent right to receive one share of the Company's common stock.
- [F2]These deferred share units were granted on June 30, 2026, and immediately vest in full on the grant date. The deferred share units will be settled in shares of the Company's common stock following the director's termination of service on the Company's board of directors.