Form 4: Acadia Healthcare Director Wade Miquelon Increases Stake with 7,032 Share Grant
Insider Transaction Report
Acadia Healthcare Company, Inc. Director Wade D. Miquelon has acquired 7,032 shares of common stock through a grant, increasing his beneficial ownership to 55,520 shares, with the new shares vesting over three years.
Summary
- Wade D. Miquelon, a Director of Acadia Healthcare Company, Inc. (ACHC), acquired 7,032 shares of common stock.
- The transaction occurred on May 29, 2025, and was reported as an acquisition (Code A).
- The shares were acquired at a price of $0, indicating they were granted, likely as part of compensation or an equity award.
- Following this transaction, Mr. Miquelon's total beneficial ownership in Acadia Healthcare Company, Inc. stands at 55,520 shares of common stock.
- The newly acquired 7,032 shares are subject to a vesting schedule, with equal yearly installments vesting over a 3-year period, commencing on May 29, 2026.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even if a grant, generally indicates alignment of interests and confidence in the company's future, which is a positive signal for investors.
Positives
- The increase in beneficial ownership by a director, even through a grant, can signal confidence in the company's long-term prospects and strategic direction.
- The 3-year vesting schedule for the granted shares aligns the director's financial interests with the sustained performance and shareholder value creation of Acadia Healthcare.
Negatives
- The acquisition was a grant at a $0 price, rather than an open market purchase, which some investors might view differently as it does not represent a direct cash investment by the insider.
Future Outlook
The document indicates a future vesting schedule for the acquired shares, with installments beginning on May 29, 2026, over a three-year period, aligning the director's long-term interest with the company's performance.
Industry Context
This Form 4 filing details an individual insider transaction specific to Acadia Healthcare Company, Inc. and does not provide broader insights into industry trends or competitive dynamics within the healthcare services sector.
Related Party Transactions
- The acquisition of 7,032 shares by Director Wade D. Miquelon from Acadia Healthcare Company, Inc. is a related party transaction.
Stakeholder Impact
- Shareholders: May view the director's increased ownership as a positive indicator of management confidence, potentially bolstering investor sentiment.
- Employees/Management: Reinforces the alignment of executive and director compensation with the long-term performance and success of the company.
Next Steps
- The 7,032 shares granted to Wade D. Miquelon will vest over a 3-year period in equal yearly installments, with the first installment beginning on May 29, 2026.
Key Dates
| Date | Description |
|---|---|
| 05/29/2025 | Date of the transaction where Wade D. Miquelon acquired 7,032 shares of common stock. |
| 05/30/2025 | Date the Form 4 was signed by Brian Farley as Attorney in Fact for Wade D. Miquelon. |
| 05/29/2026 | Date when the first yearly installment of the 7,032 shares will begin to vest. |
Recommendation
holdKeywords
Acadia Healthcare, ACHC, Wade Miquelon, Form 4, Insider Transaction, Stock Grant, Director Ownership, Common Stock, SEC Filing, Healthcare Services
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