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(SEC Amendment) Cogent Communications(CCOI.US) 10% Shareholder Sells US$2.38 Million in Common Stocks

moomoo News ·  Mar 14 11:37

$Cogent Communications (CCOI.US)$ 10% Shareholder SCHAEFFER DAVE sold 35,000 shares of Common Stocks on Mar 11, 2024 at an average price of $67.93 for a total value of $2.38 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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