Director Marc Montagner receives 3,445 CCOI shares for Q1 2026 service

Q: Was the CCOI Form 4 transaction a stock purchase or compensation grant?

The transaction was a compensation grant , not a purchase. The 3,445 common shares were awarded at $0.00 per share as a quarterly payment for Q1 2026 director service, reflecting non-cash equity compensation rather than an open-market buy.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Montagner Marc reported acquisition or exercise transactions in this Form 4 filing.

COGENT COMMUNICATIONS HOLDINGS director Marc Montagner received a grant of 3,445 shares of common stock as a quarterly payment for Q1 2026 board service. The shares were awarded at $0.00 per share as compensation, not an open-market purchase. After this grant, Montagner directly owns 96,397 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Montagner Marc

Role Director

Type	Security	Shares	Price	Value
Grant/Award	common stock	3,445	$0.00	--

Holdings After Transaction: common stock — 96,397 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares granted: 3,445 shares Shares after transaction: 96,397 shares Grant price per share: $0.00 per share

3 metrics

Shares granted 3,445 shares Quarterly director payment for Q1 2026 service

Shares after transaction 96,397 shares Total common stock directly owned by Marc Montagner after grant

Grant price per share $0.00 per share Equity compensation, not an open-market purchase

Key Terms

Form 4, Grant, award, or other acquisition, common stock, quarterly payment to directors, +1 more

5 terms

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

common stock financial

""security_title": "common stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

quarterly payment to directors financial

"reflects a quarterly payment to directors for Q1 2026 service"

beneficial ownership regulatory

"All shares are owned directly by Mr. Montagner"

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.

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 05:39 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Montagner Marc

(Last)

(First)

(Middle)

2450 N ST NW

4TH FLOOR

(Street)

WASHINGTON

DISTRICT OF COLUMBIA

20037

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COGENT COMMUNICATIONS HOLDINGS, INC. [ CCOI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
common stock	03/31/2026		A		3,445⁽¹⁾	A	$0	96,397	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The shares of common stock reported reflects a quarterly payment to directors for Q1 2026 service. All shares are owned directly by Mr. Montagner, a director of Cogent Communications Holdings, Inc.

	/s/ Marc Montagner	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did CCOI director Marc Montagner report in this Form 4?

Director Marc Montagner reported receiving 3,445 shares of Cogent Communications common stock. The filing shows this was a stock grant for his Q1 2026 board service, increasing his direct holdings to 96,397 shares following the transaction.

Was the CCOI Form 4 transaction a stock purchase or compensation grant?

The transaction was a compensation grant, not a purchase. The 3,445 common shares were awarded at $0.00 per share as a quarterly payment for Q1 2026 director service, reflecting non-cash equity compensation rather than an open-market buy.

How many CCOI shares does Marc Montagner own after this grant?

After this grant, Marc Montagner directly owns 96,397 shares of Cogent Communications common stock. The Form 4 states that all reported shares are held directly by him, consolidating his director-related equity position as of the reported transaction date.

What period of service does this CCOI stock grant compensate?

The stock grant compensates Marc Montagner for Q1 2026 service as a director of Cogent Communications Holdings. The footnote explains that the 3,445 shares represent a quarterly payment to directors, aligning board compensation with company equity.

Does this CCOI Form 4 involve any derivative securities or options?

No derivative securities or options appear in this Form 4. The filing only reports a non-derivative common stock grant of 3,445 shares as director compensation, with no accompanying option exercises or other derivative transactions listed in the derivativeSummary.

Is the CCOI Form 4 transaction an open-market signal for investors?

This filing reflects routine director compensation rather than an open-market trade. The 3,445-share grant at $0.00 per share is described as a quarterly payment for Q1 2026 service, so it does not represent a discretionary buy or sell decision in the market.