Form 4: Spok Holdings Director Todd J. Stein Reports Beneficial Ownership Changes

Sentiment:

SEC Form 4 Filing


Todd J. Stein, a director of Spok Holdings, Inc., reported changes in his beneficial ownership of the company's common stock on October 1, 2024, through both direct and indirect holdings.

Summary

  • On October 1, 2024, Todd J. Stein, a director of Spok Holdings, Inc., reported transactions affecting his beneficial ownership of the company's common stock.
  • Mr. Stein acquired 1,660 shares of common stock at a price of $15.06 per share.
  • Following these transactions, Mr. Stein directly owns 38,233 shares.
  • Mr. Stein also has indirect beneficial ownership through Braeside Capital, L.P. (696,637 shares), Braeside Capital II, L.P. (782,784 shares), and Braeside Investments, LLC (147,885 shares).
  • Mr. Stein disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but the director's purchase could be seen as mildly positive.

Positives

  • The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This filing indicates the trading activity of a director in Spok Holdings.

Key Dates

DateDescription
10/01/2024Date of the reported transactions (acquisition of common stock).
10/02/2024Date of signature for the Form 4 filing.

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