John Chang - 14 Dec 2023 Form 4 Insider Report for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)

Signature
/s/ John B. Chang
Issuer symbol
CCOI
Transactions as of
14 Dec 2023
Transactions value $
-$36,000
Form type
4
Filing time
15 Dec 2023, 10:23:11 UTC
Previous filing
11 Dec 2023
Next filing
20 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCOI common stock Sale -$36K -500 -1.13% $72.00 43.8K 14 Dec 2023 Direct
* 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).