Olson Hayden 4

What Happened

• Hayden Olson, EVP and GM, SD Government for Gogo Inc. (GOGO), had 13,477 restricted stock units (RSUs) convert into common shares on March 21, 2026. The conversion resulted in 13,477 shares issued.
• To satisfy tax withholding, 3,281 of those shares were withheld at $4.26 per share for a total withholding value of $13,977. After withholding, Olson received a net 10,196 shares.
• This was a vesting/conversion of awards (not an open-market buy or sale). The filing records the RSU conversion and the tax-withholding share transfer—no cash sale of shares on the open market.

Key Details

• Transaction date: March 21, 2026; Form 4 filed March 24, 2026.
• Vesting/conversion: 13,477 RSUs converted to 13,477 common shares (transaction code M).
• Tax withholding: 3,281 shares withheld at $4.26/share for $13,977 (transaction code F).
• Net new shares received: 10,196.
• The filing also shows the RSU derivative was canceled upon conversion (accounting entry showing disposal of derivative at $0.00).
• Footnotes: F1 — RSUs convert one-for-one to common stock. F2 — These RSUs were part of a 53,908 RSU grant on March 21, 2025 vesting in four equal annual installments (one installment = 13,477 shares).

Context

• This is a routine vesting/settlement of equity compensation; withholding of shares to cover taxes is common and does not reflect an open-market sale.
• For retail investors, purchases are generally more informative as potential bullish signals; this is a compensation vesting event and should be viewed as standard executive compensation administration.