Form 4: Spok Holdings Director Todd Stein Acquires Additional Shares, Signaling Confidence

Spok Holdings, Inc. Director Todd J. Stein has acquired 1,414 shares of common stock, increasing his direct and indirect beneficial ownership in the company.

Summary

• Todd J. Stein, a Director of Spok Holdings, Inc. (SPOK), acquired 1,414 shares of common stock.
• The transaction occurred on July 1, 2025, at a price of $17.68 per share.
• Following this acquisition, Mr. Stein directly beneficially owns 42,726 shares of Spok Holdings, Inc. common stock.
• Mr. Stein also indirectly beneficially owns 606,329 shares through Braeside Capital, L.P., 721,001 shares through Braeside Capital II, L.P., and 147,885 shares through a proprietary account under Braeside Investments, LLC.
• Mr. Stein disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest, as he is a co-manager of Braeside Investments, LLC, which manages these entities.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director indicates positive sentiment and confidence in the company's prospects.

Positives

• A director, Todd J. Stein, acquired 1,414 shares of common stock, signaling confidence in the company's future prospects.
• The acquisition was made at a specific price of $17.68 per share, indicating a valuation at which the insider is willing to invest.

Negatives

• No negative information is disclosed in this Form 4 filing.

Risks

• The reporting person, Todd J. Stein, disclaims beneficial ownership of shares held indirectly through Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC, except to the extent of his pecuniary interest. This is a standard disclaimer for indirect holdings where the individual has management but not full beneficial ownership.

Future Outlook

Not applicable. This Form 4 filing reports a past transaction and does not provide forward-looking statements or guidance.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• The filing details indirect beneficial ownership through entities managed by Braeside Investments, LLC, where Mr. Stein is a co-manager. This structure is disclosed to clarify the nature of his beneficial ownership.

Stakeholder Impact

• Shareholders may view the director's stock acquisition as a positive signal of insider confidence, potentially influencing investor sentiment.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

Keywords

Spok Holdings Inc, SPOK, Form 4, insider transaction, director stock purchase, beneficial ownership, Todd J. Stein, equity acquisition, SEC filing