Form 4: Spok Holdings Director Todd J. Stein Reports Sale of Common Stock

Todd J. Stein, a director of Spok Holdings, Inc., reported the sale of common stock on February 29, 2024, through various entities including Braeside Capital, L.P. and Braeside Capital II, L.P.

Summary

• On February 29, 2024, Todd J. Stein, a director of Spok Holdings, Inc., reported the sale of Spok Holdings common stock.
• The sales were conducted through Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC.
• 6,340 shares were sold by Braeside Capital, L.P. at a price of $17.9378.
• 7,224 shares were sold by Braeside Capital II, L.P. at a price of $17.9378.
• No shares were sold directly by Braeside Investments, LLC at a price of $17.9378.
• Todd Stein directly sold 0 shares at a price of $17.9378.
• Following the transactions, Braeside Capital, L.P. beneficially owns 709,731 shares, Braeside Capital II, L.P. beneficially owns 795,617 shares, Braeside Investments, LLC beneficially owns 147,885 shares, and Todd Stein beneficially owns 33,318 shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about insider transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a publicly traded company buy or sell the company's securities. This provides transparency to the market regarding the transactions of company directors and officers.

Stakeholder Impact

• Shareholders may react to the news of a director selling shares, although the impact can vary depending on the size of the sale and the context.

Key Dates