Form 4: Spok Holdings Director Todd Stein Reports Share Disposals

Director Todd Stein of Spok Holdings reported the disposal of shares through various entities, including Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC.

Summary

• Todd Stein, a director at Spok Holdings, has reported the disposal of common stock shares.
• The transactions occurred on November 11th and 12th, 2024.
• The shares were disposed of through entities including Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC.
• The sale prices were $17.0674 on November 11th and $17.0257 on November 12th.
• A total of 13,388 shares were sold across the various entities.
• After these transactions, Mr. Stein still indirectly holds a significant number of shares through these entities.

Sentiment

Score: 5

Explanation: The document is a neutral report of share disposals, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of share transactions by a company director, which is common in the public markets.

Comparison to Industry Standards

• Form 4 filings are standard practice for company insiders, such as directors, to report changes in their beneficial ownership of company stock.
• The transactions are typical for directors who may manage their personal portfolios or investment vehicles.
• The reported prices are within the normal range of market fluctuations for Spok Holdings stock.

Stakeholder Impact

• The share disposals may have a minor impact on the stock price, but are unlikely to significantly affect stakeholders.

Key Dates

Keywords

Spok Holdings, Todd Stein, share disposal, Form 4, Braeside Capital, director, stock transaction