Form 4: Spok Holdings Corporate Secretary Sharon Woods-Keisling Reports Stock Transactions
SEC Form 4 Filing
Sharon Woods-Keisling, Corporate Secretary and Treasurer of Spok Holdings, Inc., reports the vesting of restricted stock units and subsequent transactions.
Summary
- On February 29, 2024, Sharon Woods-Keisling, Corporate Secretary and Treasurer of Spok Holdings, Inc., reported transactions involving Spok Holdings common stock.
- 6,138 shares were acquired upon the vesting of restricted stock units (RSUs) at a price of $16.92.
- 1,848 shares were withheld to cover taxes at $16.92.
- 151 shares were forfeited due to performance criteria of the 2021 Long Term Incentive Plan (LTIP) not being met.
- Following these transactions, Ms. Woods-Keisling directly owns 37,120 shares of Spok Holdings common stock and 48,467 restricted stock units.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing stock transactions. The sentiment is neutral as it simply reports facts without expressing any particular opinion or outlook.
Negatives
- 151 shares were forfeited due to unmet performance criteria under the 2021 LTIP.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2021-01-04 | Ms. Woods was granted an award of Restricted Stock Units (RSUs). |
| 2023-12-31 | End of the year for which performance objectives of the 2021 LTIP were assessed. |
| 2024-02-29 | Date of stock vesting, tax withholding, and share forfeiture. |
| 2024-03-01 | Date of signature on the Form 4 filing. |
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