[Form 4] Cogent Communications Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing for Cogent Communications Holdings, Inc. (CCOI) discloses that director Deneen C. Howell received 1,968 shares of common stock on 30 June 2025. The shares were issued at $0.00 as part of the company’s regular quarterly equity payment to directors for Q2 2025 service, as noted in the explanation of responses. Following the grant, Ms. Howell directly owns 19,657 shares of CCOI common stock. No derivative securities were involved and no dispositions were reported. The filing is a routine insider acquisition that modestly increases insider ownership but does not indicate any strategic shift or materially impact the company’s capital structure.

Insights

Securities Analyst

TL;DR: Routine director compensation grant; 1,968 shares added, total now 19,657. No cash paid, negligible dilution, neutral investment signal.

The Form 4 reflects Cogent’s standard quarterly equity retainer for board members. With a transaction code “A” and a reported price of $0, the shares were not purchased on the open market, so the filing does not convey incremental confidence in valuation. The absolute size—under 2 k shares—has an immaterial effect on float and insider ownership percentages. No sales were recorded, which removes any negative overhang. Overall, the event is not impactful for valuation models or near-term trading strategy but is consistent with typical governance practices that align directors’ interests with shareholders.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Howell Deneen C

(Last) (First) (Middle)

2450 N ST NW

4TH FLOOR

(Street)

WASHINGTON DC 20037

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COGENT COMMUNICATIONS HOLDINGS, INC. [ CCOI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common stock	06/30/2025		A		1,968(1)	A	$0	19,657	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of common stock reported reflects a quarterly payment to directors for Q2 2025 service. All shares are owned directly by Ms. Howell, a director of Cogent Communications Holdings, Inc.

	/s/ Deneen Howell	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CCOI shares did director Deneen Howell acquire on 30 June 2025?

She received 1,968 shares of Cogent Communications common stock.

What was the transaction code reported on the Form 4 for CCOI?

The filing lists transaction code “A”, indicating an acquisition.

What is Deneen Howell’s total direct ownership in CCOI after the transaction?

After the grant, Ms. Howell directly owns 19,657 shares.

Did the director pay anything for the 1,968 CCOI shares?

No; the shares were issued at $0.00 as a quarterly board compensation grant.

Were any derivative securities involved in this CCOI Form 4 filing?

No derivative securities were acquired or disposed of in this transaction.