James Bubeck - 01 Sep 2023 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Signature
/s/ /s/ James Bubeck
Issuer symbol
CCOI
Transactions as of
01 Sep 2023
Net transactions value
-$136,242
Form type
4
Filing time
05 Sep 2023, 12:57:20 UTC
Previous filing
02 Jun 2023
Next filing
01 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCOI common stock Sale $136,242 -1,920 -4.7% $70.96 38,582 01 Sep 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale of shares of common stock reported here was implemented pursuant to Mr. Bubeck's structured sale plan (10b5-1) adopted on December 9, 2022.