Form 4: AdaptHealth Corp. Interim CEO Richard Barasch Reports Stock Transaction
SEC Form 4 Filing
Richard Barasch, Interim CEO of AdaptHealth Corp., reports the disposition of 8,547 shares of common stock to cover tax withholding liabilities.
Summary
- On May 7, 2024, Richard Barasch, the Interim CEO of AdaptHealth Corp., disposed of 8,547 shares of common stock.
- The transaction was executed to satisfy tax withholding liabilities related to the vesting of a previously issued restricted stock grant.
- The shares were disposed of at a price of $9.85 per share.
- Following the transaction, Barasch beneficially owns 441,914 shares of AdaptHealth Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of Power of Attorney filing by Richard Barasch |
| 05/07/2024 | Date of stock transaction where 8,547 shares were disposed of to cover tax liabilities |
| 05/09/2024 | Date of signature on the Form 4 filing |
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