Cogent Communications (NASDAQ: CCOI) director granted 3,445 shares as Q1 2026 board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FERGUSON Lewis H reported acquisition or exercise transactions in this Form 4 filing.
Cogent Communications Holdings, Inc. director Lewis H. Ferguson received a grant of 3,445 shares of common stock as a quarterly payment for his Q1 2026 board service. These shares were awarded at no cash cost to him and are held directly.
Following this compensation-related share award, Ferguson directly owns 23,894 shares of Cogent Communications common stock. The transaction reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERGUSON Lewis H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 3,445 | $0.00 | -- |
Holdings After Transaction:
common stock — 23,894 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,445 shares
Price per share: $0.00 per share
Post-transaction holdings: 23,894 shares
+1 more
4 metrics
Shares granted
3,445 shares
Quarterly director payment for Q1 2026 service
Price per share
$0.00 per share
Grant price for Q1 2026 director stock award
Post-transaction holdings
23,894 shares
Common stock directly owned by Lewis H. Ferguson after grant
Transaction date
2026-03-31
Date of stock grant to director
Key Terms
Grant, award, or other acquisition, quarterly payment to directors, common stock, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
quarterly payment to directors financial
"reflects a quarterly payment to directors for Q1 2026 service"
common stock financial
"The shares of common stock reported reflects a quarterly payment"
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.
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.
FAQ
What insider transaction did CCOI director Lewis H. Ferguson report?
Lewis H. Ferguson reported receiving 3,445 shares of Cogent Communications common stock as a quarterly director payment for Q1 2026. The shares were granted at no cash cost and represent routine equity compensation, not an open-market trade.
Was the CCOI Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a grant of 3,445 Cogent Communications shares to director Lewis H. Ferguson as a quarterly payment for his Q1 2026 board service, at a stated price of $0.00 per share.
What does the Form 4 reveal about CCOI director compensation structure?
The Form 4 shows that Cogent Communications compensates directors partly in common stock, with 3,445 shares granted to Lewis H. Ferguson as a quarterly payment for Q1 2026 service, illustrating an equity-based component in the board’s compensation package.