Form 4: Cogent Communications Executive John B. Chang Reports Gift of Shares to Family Members
SEC Form 4 Filing
John B. Chang, VP & Chief Legal Officer of Cogent Communications Holdings, Inc., reported gifting shares of common stock to family members.
Summary
- On May 13, 2025, John B. Chang, VP & Chief Legal Officer of Cogent Communications Holdings, Inc. (CCOI), gifted 756 shares of common stock.
- 756 shares were gifted; 504 shares were gifted to minor children and 252 shares were gifted to an independent adult family member.
- Following the transaction, Chang directly owns 77,245 shares and indirectly owns 3,089 shares through minor children.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock ownership and transactions, and doesn't necessarily reflect broader industry trends.
Related Party Transactions
- The gift of shares to family members constitutes a related party transaction.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it is a personal transaction of an executive.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of the transaction (gift of shares) |
| 05/15/2025 | Date of report filing |
Keywords
Form 4, CCOI, Cogent Communications Holdings, John B. Chang, Beneficial Ownership, Stock Gift, Executive, Shares
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