de Sa Paul 4
Research Summary
AI-generated summary
Cogent (CCOI) Director Paul de Sa Receives Award of 3,445 Shares
What Happened
Paul de Sa, a director of Cogent Communications Holdings, Inc. (CCOI), received an award of 3,445 shares reported as an acquisition (transaction code A) on 2026-06-30. The filing lists the share price as $0.00 (total reported value $0), reflecting a non‑cash director compensation issuance rather than an open‑market purchase.
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-01).
- Transaction type/code: Award/Grant (A).
- Shares received: 3,445 shares at $0.00 per share (total $0 reported).
- Shares owned after transaction: not specified in the filing; footnote states all reported shares are owned directly by Mr. de Sa.
- Footnote: Quarterly director payment for Q2 2026; all shares are owned directly by Mr. De Sa.
- Filing timeliness: Filed the next day (July 1) for a June 30 transaction — appears timely under Form 4 rules.
Context
This is a routine director compensation award (quarterly payment) and is common for non‑employee directors. Such awards are administrative and do not, by themselves, indicate the insider's view of the company’s stock.