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

Todd J. Stein, a director of Spok Holdings, Inc., reported changes in his beneficial ownership of the company's common stock on April 1, 2024, including acquisitions at $15.95 per share.

Summary

• On April 1, 2024, Todd J. Stein, a director of Spok Holdings, Inc., filed a Form 4 with the SEC reporting changes in his beneficial ownership of the company's common stock.
• Stein acquired 1,567 shares of common stock at a price of $15.95 per share.
• Following the transaction, Stein directly owns 34,885 shares.
• 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).
• Stein disclaims beneficial ownership of these indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's view of the company's prospects.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It can influence investor sentiment, depending on the size and nature of the transaction.

Key Dates