Cogent (NASDAQ: CCOI) director granted 3,445 shares as Q1 2026 fee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennedy Sheryl Lynn reported acquisition or exercise transactions in this Form 4 filing.
Cogent Communications Holdings, Inc. director Sheryl Lynn Kennedy received 3,445 shares of common stock as a grant for Q1 2026 board service. The shares were issued at no stated price per share. Following this award, she directly owns 13,545 shares of Cogent common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennedy Sheryl Lynn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 3,445 | $0.00 | -- |
Holdings After Transaction:
common stock — 13,545 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,445 shares
Total shares after grant: 13,545 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Shares granted
3,445 shares
Quarterly payment for Q1 2026 director service
Total shares after grant
13,545 shares
Directly owned by Sheryl Lynn Kennedy after transaction
Grant price per share
$0.00 per share
Reported transaction price for compensation grant
Transaction date
2026-03-31
Date of common stock grant to director
Key Terms
Grant, award, or other acquisition, quarterly payment to directors, common stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
quarterly payment to directors financial
"footnote: "reflects a quarterly payment to directors for Q1 2026 service""
common stock financial
"The shares of common stock reported reflects a quarterly payment"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CCOI director Sheryl Lynn Kennedy report?
Sheryl Lynn Kennedy reported receiving 3,445 shares of Cogent common stock as a grant for Q1 2026 director service. This was a compensation-related award, not an open-market purchase, and increased her directly held stake in the company.
Was the CCOI Form 4 transaction a stock purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. The Form 4 uses code "A" for a grant, award, or other acquisition, and the footnote clarifies it represents a quarterly payment to directors for Q1 2026 service.
What does transaction code "A" mean in the CCOI Form 4 filing?
In this CCOI Form 4, code "A" signifies a grant, award, or other acquisition of common stock. It indicates the shares were received as compensation rather than bought or sold in the open market, consistent with the Q1 2026 director payment footnote.