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

Director Todd J. Stein reports changes in beneficial ownership of Spok Holdings, Inc. shares, including acquisitions and indirect ownership through Braeside Capital entities.

Summary

• On July 1, 2024, Todd J. Stein, a director of Spok Holdings, Inc., reported changes in his beneficial ownership of the company's common stock.
• Stein acquired 1,688 shares of common stock at a price of $14.81 per share.
• He also reported 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).
• Stein disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.
• Following the reported transactions, Stein directly owns 36,573 shares of Spok Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The director's purchase could be seen as slightly positive, but it's not a strong indicator.

Positives

• The acquisition of shares by a director could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the transactions of a director in Spok Holdings, a company in the communications industry.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders.

Key Dates