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Cogent Communications(CCOI.US) 10% Shareholder Sells US$2.97 Million in Common Stock

moomoo News ·  May 14 17:25

$Cogent Communications (CCOI.US)$ 10% Shareholder SCHAEFFER DAVE sold 50,000 shares of common stock on May 13, 2024 at an average price of $59.44 for a total value of $2.97 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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