GTCR Investment XII LLC 4
Research Summary
AI-generated summary
Gogo (GOGO) Director Mark Anderson Receives 14,925 Share Award
What Happened
- Mark Anderson, a director of Gogo Inc. (GOGO), was granted 14,925 deferred share units (DSUs) on March 31, 2026. The DSUs are derivative awards reported at $0.00 per unit and represent the contingent right to receive one share of Gogo common stock each. This was an award/grant (not a purchase or sale).
Key Details
- Transaction date: 2026-03-31; transaction type: Award/Grant (code A); reported price: $0.00 per unit.
- Amount granted: 14,925 deferred share units (each unit = right to one share upon settlement).
- Vesting: The DSUs vest in full on the one-year anniversary of the grant (March 31, 2027).
- Settlement: DSUs will be settled in shares of the company’s common stock following the director’s termination of board service.
- Reporting person: GTCR Partners XII/A&C LP (identified as a 10% owner). Footnotes indicate Mr. Anderson is an employee of GTCR LLC and holds these securities on behalf of GTCR-affiliated entities; the reporting persons disclaim beneficial ownership except for any pecuniary interest.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: No late-filing indicator provided.
Context
- These are deferred share units (a form of restricted/phantom equity) rather than an immediate share purchase or sale; they typically reflect compensation for service and do not signal an immediate change in market exposure until vested and settled. Because the reporting entity is a GTCR affiliate and a 10% owner, this reflects institutional/affiliate-managed holdings tied to director compensation rather than an individual open-market trade.