• Cogent Communications stockholders backed a revised 2017 Incentive Award Plan at May 1, 2026 annual meeting, lifting share reserve by 1.5 million shares.
• Plan now runs through March 19, 2036, with annual per-person grant cap raised to 1 million shares.
• CEO David Schaeffer received 1 million restricted shares on May 4, 2026, tied to 60-day VWAP hurdles of $70, $85, $100 across three tranches of 200,000, 300,000, 500,000 shares.
• Unmet tranches lapse Feb. 28, 2031; award also requires continuous service through vesting, with forfeiture on most early exits.
• Change in control or death or disability triggers measurement at deal price or 60-day VWAP, with no vesting below $70 and pro-rata vesting between targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cogent Communications Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-054817), on May 04, 2026, and is solely responsible for the information contained therein.