Director Steven Brooks receives 3,445 CCOI shares in Q2 2026 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BROOKS STEVEN D reported acquisition or exercise transactions in this Form 4 filing.
Cogent Communications Holdings director Steven D. Brooks received 3,445 shares of common stock as a grant. The shares were issued at no cost as a quarterly payment for his service as a director for Q2 2026 and are owned directly by him. Following this award, he holds 58,693 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROOKS STEVEN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 3,445 | $0.00 | -- |
Holdings After Transaction:
common stock — 58,693 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,445 shares
Grant price: $0.00 per share
Shares held after grant: 58,693 shares
3 metrics
Shares granted
3,445 shares
Quarterly director payment for Q2 2026
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Shares held after grant
58,693 shares
Total direct common stock holdings post-transaction
Key Terms
Grant, award, or other acquisition, quarterly payment to directors, common stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly payment to directors financial
"The shares of common stock reported reflects a quarterly payment to directors for Q2 2026 service."
common stock financial
"The shares of common stock reported reflects a quarterly payment to directors for Q2 2026 service."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CCOI director Steven D. Brooks report?
Director Steven D. Brooks reported receiving 3,445 shares of Cogent Communications common stock. The shares were granted as part of his quarterly director compensation for Q2 2026 and were not purchased on the open market, reflecting routine equity-based board compensation.
Was the CCOI Form 4 transaction an open-market buy or a grant?
The Form 4 for Cogent Communications shows a grant, not an open-market purchase. Steven D. Brooks acquired 3,445 common shares at a price of $0.00 per share as a quarterly director fee for Q2 2026, classified as a grant or award acquisition.
What does the transaction code 'A' mean in the CCOI Form 4?
In this Cogent Communications Form 4, transaction code “A” indicates a grant, award, or other acquisition. It reflects a compensatory issuance of 3,445 shares to director Steven D. Brooks, rather than an open-market buy or sale, and is part of his director compensation.