[Form 4] COGENT COMMUNICATIONS HOLDINGS, INC. Insider Trading Activity
Paul De Sa, a director of Cogent Communications Holdings, Inc. (CCOI), received 2,395 shares of common stock as a quarterly director payment for Q3 2025. The reported transaction lists the shares as acquired at a $0 price and owned directly by Mr. De Sa. After the issuance, he beneficially owns 23,514 shares. The filing identifies the transaction type as a non-derivative acquisition and notes the shares reflect routine director compensation for service.
Paul De Sa, un amministratore di Cogent Communications Holdings, Inc. (CCOI), ha ricevuto 2.395 azioni ordinarie come pagamento trimestrale agli amministratori per il terzo trimestre del 2025. La transazione riportata indica che le azioni sono state acquisite a un prezzo di $0 e sono di proprietà diretta del Signor De Sa. Dopo l'emissione, detiene in modo beneficiario 23.514 azioni. Il deposito identifica il tipo di transazione come acquisizione non derivativa e nota che le azioni riflettono una retribuzione ordinaria per il servizio reso dagli amministratori.
Paul De Sa, director de Cogent Communications Holdings, Inc. (CCOI), recibió 2.395 acciones ordinarias como pago trimestral de director para el tercer trimestre de 2025. La transacción reportada indica que las acciones se adquirieron a un precio de $0 y pertenecen directamente al Sr. De Sa. Después de la emisión, posee de forma beneficiosa 23.514 acciones. La presentación identifica el tipo de transacción como adquisición no derivativa y señala que las acciones reflejan una compensación rutinaria de director por el servicio.
Cogent Communications Holdings, Inc. (CCOI)의 이사인 Paul De Sa는 2025년 3분기 이사 보수로 보통주 2.395주를 받았습니다. 보고된 거래는 주식을 $0의 가격에 취득한 것으로 기재되었으며 De Sa 씨가 직접 소유한 것으로 나타납니다. 발행 후 그는 유리하게 23.514주를 보유하게 됩니다. 공시는 거래 유형을 파생상품이 아닌 취득으로 식별하고 주식이 이사 보수로서의 일상적 보상을 반영한다고 언급합니다.
Paul De Sa, administrateur de Cogent Communications Holdings, Inc. (CCOI), a reçu 2 395 actions ordinaires en tant que rémunération trimestrielle d'administrateur pour le troisième trimestre 2025. La transaction déclarée indique que les actions ont été acquises à un prix de 0 $ et appartiennent directement à M. De Sa. Après l'émission, il détient bénéficiellement 23 514 actions. Le dépôt identifie le type de transaction comme une acquisition non dérivée et précise que les actions reflètent une rémunération habituelle d'administrateur pour le service rendu.
Paul De Sa, Direktor von Cogent Communications Holdings, Inc. (CCOI), erhielt 2.395 Stammaktien als vierteljährliche Direktorvergütung für das Dritte Quartal 2025. Der gemeldete Vorgang listet die Aktien als zu einem Preis von 0 $ erworben und direkt im Eigentum von Herrn De Sa stehend auf. Nach der Ausgabe besitzt er wirtschaftlich 23.514 Aktien. Die Einreichung kennzeichnet die Transaktion als nicht-derivative Erwerbung und stellt fest, dass die Aktien die routinemäßige Direktorenvergütung für die Dienstleistung widerspiegeln.
بول دي سا، مدير في Cogent Communications Holdings, Inc. (CCOI)، تلقّى 2,395 سهماً عادياً كأجر ربع سنوي للمديرين عن الربع الثالث من عام 2025. تظهر المعاملة المبلّغ عنها أن الأسهم قد تم شراؤها بسعر 0 دولار وأنها مملوكة مباشرة للسيد دي سا. بعد الإصدار، يملك بشكل مفيد 23,514 سهماً. يعرّف ملف الإيداع نوع المعاملة بأنه شراء غير مشتق ويشير إلى أن الأسهم تعكس تعويضاً روتينياً لعضو مجلس الإدارة مقابل خدماته.
保罗·德萨，Cogent Communications Holdings, Inc.（CCOI）的董事，作为2025年第三季度的董事季度薪酬，获得了2,395股普通股。 所报交易显示这些股票以0美元的价格取得，直接由德萨先生拥有。发行后，他实际拥有23,514股。备案文件将该交易类型界定为非衍生品买入，并指出这些股票反映了常规的董事薪酬。
- Transparent disclosure of director compensation and resulting ownership position
- Director alignment via equity-based compensation (2,395 shares added)
- Direct ownership explicitly stated, simplifying beneficial ownership clarity
- None.
Insights
TL;DR: Routine director share issuance; small ownership change unlikely to affect equity valuation.
The Form 4 shows a non-derivative issuance of 2,395 common shares to a director as quarterly compensation, recorded at no cash price. This is a typical in-kind director payment that increases insider alignment without altering company cash flow. The resulting 23,514-share holding is modest relative to a typical public company float and is unlikely to be material to investors or market pricing.
TL;DR: Compensation disclosed properly; reflects routine governance practice for director remuneration.
The disclosure specifies direct beneficial ownership and identifies the issuance as director compensation for Q3 2025. The clear reporting of acquisition code, amount, and ownership form aligns with Section 16 transparency expectations. There are no indications of atypical timing, related-party transactions beyond standard director pay, or derivative instruments in this filing.
Paul De Sa, un amministratore di Cogent Communications Holdings, Inc. (CCOI), ha ricevuto 2.395 azioni ordinarie come pagamento trimestrale agli amministratori per il terzo trimestre del 2025. La transazione riportata indica che le azioni sono state acquisite a un prezzo di $0 e sono di proprietà diretta del Signor De Sa. Dopo l'emissione, detiene in modo beneficiario 23.514 azioni. Il deposito identifica il tipo di transazione come acquisizione non derivativa e nota che le azioni riflettono una retribuzione ordinaria per il servizio reso dagli amministratori.
Paul De Sa, director de Cogent Communications Holdings, Inc. (CCOI), recibió 2.395 acciones ordinarias como pago trimestral de director para el tercer trimestre de 2025. La transacción reportada indica que las acciones se adquirieron a un precio de $0 y pertenecen directamente al Sr. De Sa. Después de la emisión, posee de forma beneficiosa 23.514 acciones. La presentación identifica el tipo de transacción como adquisición no derivativa y señala que las acciones reflejan una compensación rutinaria de director por el servicio.
Cogent Communications Holdings, Inc. (CCOI)의 이사인 Paul De Sa는 2025년 3분기 이사 보수로 보통주 2.395주를 받았습니다. 보고된 거래는 주식을 $0의 가격에 취득한 것으로 기재되었으며 De Sa 씨가 직접 소유한 것으로 나타납니다. 발행 후 그는 유리하게 23.514주를 보유하게 됩니다. 공시는 거래 유형을 파생상품이 아닌 취득으로 식별하고 주식이 이사 보수로서의 일상적 보상을 반영한다고 언급합니다.
Paul De Sa, administrateur de Cogent Communications Holdings, Inc. (CCOI), a reçu 2 395 actions ordinaires en tant que rémunération trimestrielle d'administrateur pour le troisième trimestre 2025. La transaction déclarée indique que les actions ont été acquises à un prix de 0 $ et appartiennent directement à M. De Sa. Après l'émission, il détient bénéficiellement 23 514 actions. Le dépôt identifie le type de transaction comme une acquisition non dérivée et précise que les actions reflètent une rémunération habituelle d'administrateur pour le service rendu.
Paul De Sa, Direktor von Cogent Communications Holdings, Inc. (CCOI), erhielt 2.395 Stammaktien als vierteljährliche Direktorvergütung für das Dritte Quartal 2025. Der gemeldete Vorgang listet die Aktien als zu einem Preis von 0 $ erworben und direkt im Eigentum von Herrn De Sa stehend auf. Nach der Ausgabe besitzt er wirtschaftlich 23.514 Aktien. Die Einreichung kennzeichnet die Transaktion als nicht-derivative Erwerbung und stellt fest, dass die Aktien die routinemäßige Direktorenvergütung für die Dienstleistung widerspiegeln.
FAQ
What shares did Paul De Sa acquire according to the Form 4 for CCOI?
At what price were the shares issued to the director in the Form 4?
How many CCOI shares does Paul De Sa beneficially own after the transaction?
What was the reason given for the share issuance in the Form 4?
Is the reported ownership direct or indirect for Paul De Sa?
