Spok Holdings (SPOK) awards performance and time-based RSUs to officer
Rhea-AI Filing Summary
Woods-Keisling Sharon reported acquisition or exercise transactions in this Form 4 filing.
Spok Holdings, Inc reported that Corporate Secretary and Treasurer Sharon Woods-Keisling received two equity awards on August 3, 2026. One grant covers 5,304 performance-based RSUs under the 2026 LTIP, convertible into common stock if 2028 performance objectives are achieved, and the other grant covers 5,303 time-based RSUs that vest in three equal annual installments beginning December 31, 2026. Each RSU represents a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Woods-Keisling Sharon
Role
Corporate Secretary, Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1 | 5,304 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit F2, F3 | 5,303 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 58,871 shares (Direct)
Footnotes (3)
- F1. The Restricted Stock Units, which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2026 LTIP are achieved for the year ending December 31, 2028
- F2. Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share of the issuer's Common Stock.
- F3. The Restricted Stock Units vest in three equal annual installments beginning December 31, 2026. Vested shares will be delivered to the reporting person for the fiscal years ending December 31, 2026, December 31, 2027 and December 31, 2028.
Key Figures
Performance-based RSUs granted: 5,304 units
Time-based RSUs granted: 5,303 units
Transaction date: August 3, 2026
+3 more
6 metrics
Performance-based RSUs granted
5,304 units
Restricted Stock Units granted on August 3, 2026 under the 2026 LTIP, contingent on 2028 performance
Time-based RSUs granted
5,303 units
Restricted Stock Units granted on August 3, 2026, vesting in three equal annual installments
Transaction date
August 3, 2026
Grant date for both RSU awards to the Corporate Secretary and Treasurer
RSU grant price
$0.0000 per unit
Stated price per Restricted Stock Unit for both awards
Performance period end
December 31, 2028
Year-end for assessing performance objectives tied to the 5,304 RSUs under the 2026 LTIP
Vesting start date
December 31, 2026
First vesting date for the 5,303 time-based RSUs, followed by 2027 and 2028 installments
Key Terms
Restricted Stock Unit, 2026 LTIP, contingent right, vest in three equal annual installments, +1 more
5 terms
Restricted Stock Unit financial
"The Restricted Stock Units, which if not forfeited, will convert into shares"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2026 LTIP financial
"performance objectives of the Company set forth in the 2026 LTIP are achieved"
contingent right financial
"Each Restricted Stock Units ("RSUs") represents a contingent right to receive one share"
vest in three equal annual installments financial
"The Restricted Stock Units vest in three equal annual installments beginning December 31, 2026."
performance objectives financial
"if specified performance objectives of the Company set forth in the 2026 LTIP are achieved"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Spok Holdings (SPOK) report for Sharon Woods-Keisling?
Spok Holdings reported that Sharon Woods-Keisling, Corporate Secretary and Treasurer, received two grants on August 3, 2026: 5,304 performance-based RSUs under the 2026 LTIP and 5,303 time-based RSUs, both settled in common stock if conditions are met.
How many Restricted Stock Units were granted to the SPOK officer in this Form 4?
The officer received two awards totaling 10,607 Restricted Stock Units: one grant of 5,304 RSUs tied to performance under the 2026 LTIP and another grant of 5,303 RSUs that vest over time in three equal annual installments.
What are the performance conditions on the 5,304 SPOK RSUs granted under the 2026 LTIP?
The 5,304 performance-based RSUs will convert into common stock only if specified company performance objectives in the 2026 LTIP are achieved for the year ending December 31, 2028, meaning the award is contingent on future operating results.
When do the 5,303 time-based RSUs granted by Spok Holdings (SPOK) vest?
The 5,303 time-based RSUs vest in three equal annual installments, beginning on December 31, 2026. Vested shares are scheduled to be delivered for the fiscal years ending December 31, 2026, December 31, 2027, and December 31, 2028.
Does Sharon Woods-Keisling pay cash for the SPOK RSU awards reported?
No cash payment is indicated; the RSUs were granted at a stated price of $0.0000 per unit. Each Restricted Stock Unit represents a contingent right to receive one share of Spok Holdings common stock upon vesting or performance satisfaction.
Are the RSU grants to the SPOK officer market purchases or compensation awards?
The transactions are coded as "A" (grant, award, or other acquisition) of derivative securities. Both awards are Restricted Stock Units granted as equity compensation, not open-market share purchases or sales, and involve contingent rights to future common shares.