THORNE OAKLEIGH 4

What Happened

• Thorne Oakleigh, reported as a 10% owner and director of Gogo Inc. (GOGO), was granted 15,322 deferred share units (DSUs) on June 30, 2026. The units were granted at $0.00 per unit (no cash exchanged) and are recorded as a derivative award. The DSUs immediately vest in full on the grant date but will be settled in shares of the company's common stock following the director’s termination of board service.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02 (Form 4 accession 0001213900-26-075034).
• Transaction type: Award/Grant of derivative securities (code A); price reported $0.00.
• Amount: 15,322 deferred share units.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — each DSU represents the contingent right to receive one share of common stock; F2 — DSUs were granted 6/30/2026, vest immediately, and will be settled in shares after the director leaves the board.
• Timeliness: Filing shows transaction date 6/30/2026 and Form 4 filed 7/2/2026; no late-filing flag indicated in the provided data.

Context

• This was an equity award to a director, not an open-market purchase or sale; no cash changed hands. Deferred share units are commonly used for director compensation and convert to actual shares only upon a future settlement event (here, termination of board service). As a 10% owner, Oakleigh is a material shareholder; this grant reflects compensation mechanics rather than an immediate market trade.