CCOI Insider Filing: Director Eve Howard Receives 2,395 Shares
Rhea-AI Filing Summary
Cogent Communications Holdings director Eve Howard received 2,395 shares of common stock as a quarterly director payment on 09/30/2025. The transaction was recorded with a price of $0, indicating these shares were issued as compensation rather than purchased. After the grant, Ms. Howard directly beneficially owned 17,028 shares of Cogent common stock. The Form 4 shows the reporting person is a company director and that the filing reports a routine director compensation issuance rather than an open-market trade.
Positive
- Director compensation was disclosed transparently via Form 4, showing the company follows reporting requirements
- Shares issued as compensation were recorded as direct ownership, clarifying the reporting person’s holding of 17,028 shares
Negative
- None.
Insights
TL;DR: Routine director equity compensation recorded; no control change or unusual disposition.
The Form 4 documents a standard quarterly issuance of 2,395 shares to a director as compensation, issued at no cash cost to the director. Ownership remains listed as direct, totaling 17,028 shares. This is a governance housekeeping disclosure that aligns with typical director compensation practices and does not indicate a change in board composition or control. No derivative instruments or dispositions are reported.
TL;DR: Issuance is compensation in equity form; immaterial to company control or capital structure.
The entry shows a non‑market acquisition code and a transaction price of $0, consistent with stock granted for services. The incremental 2,395 shares increases the director's direct holdings to 17,028 shares. There is no indication of sales, option exercises, or derivative positions. From a shareholder perspective, this disclosure is routine and appears immaterial to valuation absent broader disclosure of director compensation programs or aggregate dilution data.