Spok (SPOK) COO Michael Wallace Receives RSU Award

What Happened
Michael W. Wallace, Chief Operating Officer of Spok Holdings, received equity awards on August 3, 2026: two grants of 13,761 Restricted Stock Units (RSUs) each, for a total of 27,522 RSUs. The reported grant price is $0.00 (these are derivative awards, not an open‑market purchase or sale). If not forfeited, each RSU represents a contingent right to one share of common stock upon satisfaction of vesting and performance conditions.

Key Details

• Transaction date: 2026-08-03; Filing date: 2026-08-04 (filed promptly).
• Grant type/code: A (award/grant); reported as derivative awards at $0.00 per RSU.
• Quantity: Two grants of 13,761 RSUs (total 27,522 RSUs). Estimated dollar value not listed in the Form 4 because awards are performance‑contingent.
• Vesting & performance: RSUs vest in three equal annual installments beginning December 31, 2026 (deliveries for fiscal years ending 2026, 2027, 2028). Conversion to shares depends on specified performance objectives for the year ending December 31, 2028. (Footnotes F1–F3)
• Shares owned after transaction: Not specified in the information provided in this summary.
• Filing timeliness: No late filing indicated.

Context

• These are restricted stock unit grants (not cash purchases or sales). RSU grants are common long‑term incentive compensation meant to align executives with shareholder outcomes; because these are performance‑contingent, they will convert to actual shares only if both vesting schedule and the stated performance goals are met.
• For retail investors, award grants are informational (showing compensation structure) and are not a direct buy or sell signal.