---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-003746"
form_type: "8-K"
ticker: "CCOI"
cik: "0001158324"
company_name: "COGENT COMMUNICATIONS HOLDINGS, INC."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T00:51:11.667651+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cogent Communications extends CEO Schaeffer's contract to 2027; new cash and equity comp

## Summary
- CEO David Schaeffer's employment term extended to December 31, 2027 via Amendment No. 10.
- Annual cash incentive target $500,000, max $667,500, based on AWR CAGR and GP CAGR; zero if negative CAGR.
- 84,000 time-vesting and 96,000 performance-vesting restricted shares granted annually in 2025, 2026, 2027.
- Performance-vesting shares tied to EBITDA CAGR and FCF CAGR over three-year periods; zero vesting if CAGR non-positive.
- Customary annual restricted stock grants also awarded to other NEOs (Weed, Chang, Bubeck, Kilmer) on Jan 9, 2025.

## SEC filing metadata
- accession: 0001104659-25-003746
- form_type: 8-K
- ticker: CCOI
- cik: 0001158324
- company_name: COGENT COMMUNICATIONS HOLDINGS, INC.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158324/000110465925003746/0001104659-25-003746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158324/000110465925003746/tm252845d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-003746
- JSON: https://secwatch.observer/filing/0001104659-25-003746.json
- Plain text: https://secwatch.observer/filing/0001104659-25-003746.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.