Form 4: Spok Holdings CFO Calvin Rice Reports Stock Transactions

Calvin Rice, CFO of Spok Holdings, reports the vesting and acquisition of common stock and restricted stock units on March 7, 2025.

Summary

• On March 7, 2025, Calvin Rice, the CFO of Spok Holdings, reported transactions involving the company's common stock and restricted stock units (RSUs).
• Mr. Rice acquired 13,006 shares of common stock upon the vesting of RSUs at a price of $16.85.
• Additionally, he acquired 3,901 shares of common stock because the performance objective targets under the RSU award had been exceeded.
• Mr. Rice also disposed of 8,133 shares.
• Following these transactions, Mr. Rice beneficially owns 29,228 shares of Spok Holdings common stock and 56,059 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The vesting of RSUs suggests the achievement of performance targets, but the disposal of shares introduces a note of caution. Overall, it's a routine disclosure.

Positives

• The vesting of RSUs indicates that performance objectives were met, which is a positive sign for the company.
• The Compensation Committee determined that performance objective targets under the RSU award had been exceeded, resulting in the award and vesting of additional shares of Common Stock.

Negatives

• The disposal of 8,133 shares by the CFO could be interpreted negatively, although the reason for the disposal is not specified.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The vesting of RSUs and subsequent stock transactions may have a minor impact on shareholders, depending on how the market interprets the CFO's actions.

Key Dates

Keywords

Spok Holdings, Calvin Rice, CFO, Form 4, Stock, RSU, Restricted Stock Units, Vesting, Beneficial Ownership, Compensation Committee