Spok director granted 2,294 SPOK shares
Spok Holdings director Todd J. Stein reported acquiring 2,294 shares of Spok Holdings common stock on April 1, 2026 through a grant or award at a reference price of $10.90 per share.
Rhea-AI Filing Summary
Spok Holdings director Todd J. Stein reported acquiring 2,294 shares of Spok Holdings common stock on April 1, 2026 through a grant or award at a reference price of $10.90 per share. Following this grant, his directly held stake rose to 48,364 shares.
The filing also updates large indirect holdings attributed to investment funds. After the transactions, Braeside Capital, L.P. is shown with 497,560 shares and Braeside Capital II, L.P. with 566,912 shares. Stein is a co‑manager of Braeside Investments, which manages these funds, and he disclaims beneficial ownership of those fund-held shares except for any pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 2,294 shares
Grant/Award
3 txns
Insider
Stein Todd J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,294 | $10.90 | $25K |
| Grant/Award | Common Stock | 0 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 0 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 48,364 shares (Direct);
Common Stock — 497,560 shares (Indirect, Braeside Capital, L.P.);
Common Stock — 566,912 shares (Indirect, Braeside Capital II, L.P.)
Footnotes (2)
- F1. Shares beneficially owned directly by Braeside Capital, L.P. ("Braeside Capital"). Braeside Investments, LLC ("Braeside Investments") serves as the investment manager of Braeside Capital. As a co-manager of Braeside Investments, Mr. Stein may be deemed to beneficially own the shares beneficially owned directly by Braeside Capital. Mr. Stein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F2. Shares beneficially owned directly by Braeside Capital II, L.P. ("Braeside Capital II"). Braeside Investments serves as the investment manager of Braeside Capital II. As a co-manager of Braeside Investments, Mr. Stein may be deemed to beneficially own the shares beneficially owned directly by Braeside Capital II. Mr. Stein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Key Figures
Stock grant size: 2,294 shares
Grant reference price: $10.90 per share
Direct holdings after grant: 48,364 shares
+2 more
5 metrics
Stock grant size
2,294 shares
Common Stock grant on April 1, 2026
Grant reference price
$10.90 per share
Common Stock award valuation
Direct holdings after grant
48,364 shares
Todd J. Stein Common Stock position after award
Braeside Capital holdings
497,560 shares
Shares beneficially owned directly by Braeside Capital, L.P.
Braeside Capital II holdings
566,912 shares
Shares beneficially owned directly by Braeside Capital II, L.P.
Key Terms
Grant, award, or other acquisition, indirect, beneficially own, pecuniary interest, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect financial
"ownership_type: indirect for Braeside Capital, L.P. and Braeside Capital II, L.P."
beneficially own financial
"Mr. Stein may be deemed to beneficially own the shares beneficially owned directly by Braeside Capital"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"Mr. Stein disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
beneficial ownership financial
"Shares beneficially owned directly by Braeside Capital, L.P. and Braeside Capital II, L.P."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Todd J. Stein report at Spok Holdings (SPOK)?
Todd J. Stein reported acquiring 2,294 shares of Spok Holdings common stock via a grant or award. The transaction used a reference price of $10.90 per share and increased his directly held stake to 48,364 shares after the award.
What are the indirect Spok Holdings (SPOK) holdings tied to Braeside Capital entities?
The filing shows 497,560 Spok Holdings shares beneficially owned directly by Braeside Capital, L.P. and 566,912 shares by Braeside Capital II, L.P. These funds are managed by Braeside Investments, where Todd J. Stein is a co‑manager, with ownership disclaimed except for any pecuniary interest.
How significant is the stock award to Todd J. Stein’s Spok Holdings (SPOK) position?
The award of 2,294 shares modestly increases Todd J. Stein’s direct ownership to 48,364 shares. The Form 4 primarily reflects routine compensation-related activity, while much larger indirect positions are held by Braeside Capital and Braeside Capital II investment funds he helps manage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
