Rice Calvin 4
Research Summary
AI-generated summary
Spok (SPOK) CFO Calvin Rice Receives RSU Award
What Happened
- Calvin Rice, Chief Financial Officer of Spok Holdings, is listed on a Form 4 reporting an award of restricted stock units (RSUs) on 2026-04-14. The filing reports 0 shares acquired at $0.00 and a derivative disposition of 0 shares at $0.00 — i.e., no actual shares or cash were transferred on the reporting date.
- The filing’s footnote states each RSU represents a contingent right to receive one share of common stock if and when the RSUs vest/settle. The filing also notes Mr. Rice’s employment with the company ended effective April 14, 2026.
Key Details
- Transaction date: 2026-04-14; Reported price: $0.00 (award/derivative entries show 0 shares).
- Shares acquired/disposed on form: 0 shares reported as acquired and 0 shares disposed (contingent RSUs).
- Footnote: Each RSU = contingent right to one share of common stock.
- Timeliness: Reported on the same date as the transaction (no late filing indicated).
Context
- An RSU award reported as 0 shares means settlement/vesting did not occur on the report date; RSUs are contingent and typically convert to shares only after vesting or other conditions are met. This filing does not show a purchase or sale that indicates a market stance by the insider.
- Because Mr. Rice’s employment ended the same day, future vesting or settlement of these RSUs (if any) may depend on the company’s equity plan and termination provisions; the Form 4 does not provide those details.