Cogent Communications (CCOI) CFO sells 4,850 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cogent Communications Holdings, Inc. Vice President and CFO Thaddeus Gerard Weed reported an open-market sale of 4,850 shares of common stock at $22.63 per share. After this transaction, he directly holds 202,750 shares of Cogent Communications common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,850 shares ($109,756)
Net Sell
1 txn
Insider
WEED THADDEUS GERARD
Role
VICE PRESIDENT, CFO
Sold
4,850 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common stock | 4,850 | $22.63 | $110K |
Holdings After Transaction:
common stock — 202,750 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Cogent Communications (CCOI) report for its CFO?
Cogent Communications reported that CFO Thaddeus Gerard Weed completed an open-market sale of 4,850 shares of common stock at $22.63 per share. This transaction was disclosed in a Form 4 insider filing and involved non-derivative common stock.
Was the Cogent Communications (CCOI) CFO transaction a buy or a sell?
The transaction reported by Cogent Communications’ CFO was a sell. The Form 4 lists transaction code “S” and describes it as an open-market sale of 4,850 shares of common stock, confirming it was a disposition rather than an acquisition of shares.
What type of security did the Cogent Communications (CCOI) CFO trade?
The CFO traded Cogent Communications common stock in a non-derivative transaction. The filing specifies the security title as common stock and categorizes the activity as an open-market sale, distinguishing it from options, warrants, or other derivative securities.