Form 4: Spok Holdings Director Todd Stein Reports Stock Sales

Director Todd Stein reports sales of Spok Holdings (SPOK) stock through Braeside Capital entities.

Summary

• Todd Stein, a director of Spok Holdings, Inc., reported the sale of common stock on February 27 and 28, 2024.
• The sales were executed through Braeside Capital, L.P., Braeside Capital II, L.P., and Braeside Investments, LLC.
• On February 27, 2024, 24,003 shares were sold at $17.7457, 19,033 shares were sold at $17.7457, and 7,950 shares were sold at $17.7457.
• On February 28, 2024, 7,510 shares were sold at $17.6942 and 8,415 shares were sold at $17.6942.
• Following these transactions, Mr. Stein indirectly owns 723,581 shares through Braeside Capital, L.P., 811,256 shares through Braeside Capital II, L.P., and 147,885 shares through Braeside Investments, LLC.
• Mr. Stein directly owns 33,318 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. The information is relevant to investors as it provides insight into the perspectives of company insiders.

Stakeholder Impact

• Shareholders may interpret the stock sales as a lack of confidence in the company's future prospects, potentially leading to a decrease in stock price.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal, as this is a personal financial transaction of a director.

Key Dates