Form 4: Acadia Healthcare Executive John S. Hollinsworth Reports Stock Disposal

John S. Hollinsworth, EVP of Operations at Acadia Healthcare Company, Inc., reported the disposal of 525 shares of common stock on May 9, 2024, to cover tax obligations.

Summary

• On May 9, 2024, John S. Hollinsworth, an Executive Vice President of Operations at Acadia Healthcare Company, Inc., disposed of 525 shares of common stock.
• The transaction was executed at a price of $66.06 per share.
• Following the transaction, Hollinsworth directly owns 116,309 shares of Acadia Healthcare Company, Inc.
• The disposal was related to covering tax obligations.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This particular filing indicates a common practice of executives selling shares to cover tax obligations related to stock-based compensation.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholders, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates