[Form 4] Spok Holdings, Inc Insider Trading Activity
Rhea-AI Filing Summary
Barbara P. Byrne, a director of Spok Holdings, Inc. (SPOK), reported acquiring 1,449 shares of common stock on 10/01/2025 at a price of $17.25 per share, bringing her direct beneficial ownership to 39,763 shares. The filing also shows 5,637 deferred stock units were recorded as acquired on 10/01/2025; each unit represents the right to one share and the units are fully vested and will be settled in shares upon her separation from service or under the company’s deferred compensation plan for non-employee directors. The Form 4 is a routine insider reporting an open-market purchase and vesting of director compensation.
Positive
- Director purchased 1,449 shares at $17.25, increasing direct ownership to 39,763 shares
- 5,637 deferred stock units are fully vested and will convert to common shares under the director deferred compensation plan
Negative
- None.
Insights
TL;DR: Director acquired shares at $17.25 and received vested deferred units, a modest insider purchase that signals alignment with shareholders but is not clearly material.
The reported purchase of 1,449 shares for $17.25 each increases the director’s direct stake to 39,763 shares. The filing also documents 5,637 fully vested deferred stock units convertible to shares on separation, reflecting compensation settlement mechanics rather than a discretionary purchase. For investors this is a routine disclosure showing continued director exposure to equity value; without firm-wide ownership context or transaction size relative to outstanding shares, the market impact is likely limited.
TL;DR: Vesting of deferred director compensation and an open-market purchase were reported; governance practices appear standard and disclosure is timely.
The form indicates standard non-employee director compensation (deferred stock units that are fully vested) and a contemporaneous personal acquisition of shares. The settlement terms state conversion upon separation or per plan rules, consistent with common director pay structures. The disclosure complies with Section 16 reporting requirements and provides transparent alignment between director compensation and shareholder outcomes.