Form 4: Spok Holdings COO Michael Wallace Sells 40,000 Shares
SEC Form 4 Filing
Michael Wallace, Chief Operating Officer of Spok Holdings, Inc., sold 40,000 shares of common stock on March 1, 2024.
Summary
- On March 1, 2024, Michael Wallace, the Chief Operating Officer of Spok Holdings, Inc., sold 40,000 shares of the company's common stock.
- The sale price was $17.2356 per share.
- Following the transaction, Wallace directly owns 74,465 shares of Spok Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company insider. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on individual investment strategies and perceptions of the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- Shareholders may react to the news of the COO selling shares, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Sale of 40,000 shares of Spok Holdings common stock. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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