Form 4: Spok Holdings Director Todd Stein Reports Sale of Shares

Director Todd Stein reports the sale of Spok Holdings shares held indirectly through Braeside Capital entities.

Summary

• On March 4, 2024, Todd Stein, a director of Spok Holdings, Inc., reported the sale of common stock.
• The sales were executed at a price of $17.9166 and $17.9378 per share.
• The shares were held indirectly through Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC.
• Following the transactions, Mr. Stein indirectly owns 696,637 shares through Braeside Capital, L.P., 782,784 shares through Braeside Capital II, L.P., 147,885 shares through Braeside Investments, LLC and 33,318 shares directly.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sales. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are a routine part of insider trading activity and provide transparency into the buying and selling activities of company insiders. The sale of shares by a director may be interpreted in various ways, but without additional context, it's difficult to assess the specific implications.

Stakeholder Impact

• The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates