[Form 4] Spok Holdings, Inc Insider Trading Activity
Rhea-AI Filing Summary
Christine Cournoyer, a director of Spok Holdings, Inc. (SPOK), reported purchasing 1,449 shares of the company's common stock on 10/01/2025 at a price of $17.25 per share, bringing her total direct beneficial ownership to 17,951 shares. The filing also reports 5,637 deferred stock units held directly; each unit represents the right to one share and the units are fully vested and will be settled in shares upon separation from service or as provided by the issuer's deferred compensation plan.
Positive
- Acquired 1,449 common shares at $17.25 each, increasing direct ownership to 17,951 shares
- 5,637 deferred stock units are fully vested and represent rights to one share each, clarifying future settlement terms
Negative
- None.
Insights
TL;DR: Director purchased shares via routine equity award settlement and open-market purchase; ownership increased modestly.
The 1,449-share acquisition at $17.25 is a straightforward non-derivative purchase increasing direct stake to 17,951 shares. Reported vested deferred stock units equal 5,637 shares and will convert to common stock under the director plan upon separation, creating potential future dilution if settled in shares. Transaction appears to be routine director compensation and personal purchase rather than a material corporate event.
TL;DR: Insider disclosure consistent with standard director compensation and Section 16 reporting requirements.
The Form 4 properly discloses a director-level purchase and the existence of vested deferred stock units. The filing clarifies settlement conditions for the DSUs and shows no change in reporting status. From a governance perspective, this is a routine disclosure that maintains transparency on director holdings and deferred compensation arrangements.