John B. Chang - 26 Dec 2023 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Signature
/s/ John B. Chang
Issuer symbol
CCOI
Transactions as of
26 Dec 2023
Net transactions value
-$269,800
Form type
4
Filing time
28 Dec 2023, 09:37:30 UTC
Previous filing
22 Dec 2023
Next filing
30 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCOI common stock Sale $269,800 -3,550 -8.5% $76.00 38,310 26 Dec 2023 Direct F1
holding CCOI common stock 900 26 Dec 2023 By dependent children by gift on December 20, 2023
* 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2021, as amended on December 1, 2022.