Cogent CFO sells 4,850 company shares
Cogent Communications Holdings vice president and CFO Thaddeus Gerard Weed sold common stock in the company.
Rhea-AI Filing Summary
Cogent Communications Holdings vice president and CFO Thaddeus Gerard Weed sold common stock in the company. He completed an open-market sale of 4,850 shares of common stock at an average price of $16.7906 per share. Following this transaction, he directly holds 197,900 shares of Cogent Communications Holdings common stock.
Positive
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Negative
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Insights
CFO executed a small open-market sale while retaining a substantial share position.
The filing shows Cogent Communications Holdings CFO Thaddeus Gerard Weed executed an open-market sale of 4,850 shares of common stock at $16.7906 per share. The transaction is coded as an S transaction, which indicates a sale in the open market or a private transaction.
After the sale, Weed directly holds 197,900 shares, indicating that the transaction represents only a portion of his overall equity stake. There are no derivative positions listed, and no footnotes describe special arrangements such as a Rule 10b5-1 trading plan, so this appears as a straightforward discretionary sale based on the provided data.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common stock | 4,850 | $16.7906 | $81K |
Key Figures
Key Terms
open-market sale financial
common stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CCOI report for CFO Thaddeus Weed?
Was the CCOI CFO’s transaction a buy or a sell?
Does the CCOI Form 4 show any derivative exercises by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.