Form 4: Acadia Healthcare Executive John S. Hollinsworth Reports Stock Disposal
SEC Form 4 Filing
EVP of Operations at Acadia Healthcare, John S. Hollinsworth, disposed of 2,803 shares of common stock to cover tax obligations.
Summary
- On March 24, 2024, John S. Hollinsworth, EVP of Operations at Acadia Healthcare Company, Inc., disposed of 2,803 shares of common stock.
- The transaction was executed at a price of $76.49 per share.
- Following the transaction, Hollinsworth directly owns 117,882 shares of Acadia Healthcare Company, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction (disposal of shares for tax obligations) by a company executive. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives or directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a relatively small number of shares being disposed of by one executive.
Key Dates
| Date | Description |
|---|---|
| 03/24/2024 | Date of stock disposal transaction |
| 03/26/2024 | Date of signature on the Form 4 filing |
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