Cogent (CCOI) Form 4: Executive disposition of 2,400 shares
Rhea-AI Filing Summary
Henry W. Kilmer, Vice President of Network Strategy at Cogent Communications Holdings, Inc. (CCOI), reported a sale of common stock on 09/05/2025. The filing shows 2,400 shares sold at $36.99 per share, reducing his beneficial ownership to 36,200 shares following the transaction. The Form 4 is signed by Mr. Kilmer and filed as an individual report. No derivative transactions or other compensatory arrangements are disclosed in this filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale of 2,400 shares; size appears routine relative to remaining holdings, limited immediate investor impact.
The sale of 2,400 shares at $36.99 reduces Mr. Kilmer's stake to 36,200 shares. The Form 4 does not indicate option exercises, derivative transactions, or a plan-based sale under Rule 10b5-1. Given the disclosed numbers, this transaction is a straightforward disposition by an executive and does not, on its face, signal a material change to company fundamentals.
TL;DR: Routine Section 16 filing documenting an executive sale; disclosure meets Form 4 requirements.
The report identifies the reporting person, relationship to the issuer (VP of Network Strategy), transaction date, sale amount, price, and post-transaction ownership, and is manually signed. There is no amendment flag and no indication the sale was pursuant to a trading plan. From a governance and disclosure perspective, the filing appears complete and timely based on the information presented.
FAQ
What did Henry W. Kilmer sell in the Form 4 for CCOI?
At what price were the CCOI shares sold by the reporting person?
How many CCOI shares does Henry Kilmer own after the reported transaction?
What is Henry Kilmer's role at Cogent Communications as listed on the Form 4?
Does the Form 4 report any derivative transactions or 10b5-1 plan sales for CCOI?