Form 4: AdaptHealth Director Theodore B. Lundberg Reports Distribution of Common Stock

Director Theodore B. Lundberg reports a distribution of AdaptHealth Corp. common stock by Peloton Equity GP, LLC to its members.

Summary

• On June 11, 2024, Peloton Equity GP, LLC distributed 2,027,496 shares of AdaptHealth Corp. common stock to its members on a pro rata basis without consideration.
• The distribution was made in accordance with exemptions under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934.
• Theodore B. Lundberg, a director of AdaptHealth Corp., is a managing member of Peloton Equity GP and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.
• Lundberg directly owns 813,023 shares of common stock, including 783,244 shares received in the distribution.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock distribution, indicating a neutral sentiment.

Industry Context

This filing reflects insider activity related to the distribution of shares, which is a common occurrence in publicly traded companies. It provides transparency into the ownership structure and any changes in beneficial ownership by directors and related entities.

Related Party Transactions

• The distribution of shares from Peloton Equity GP, LLC to its members, including director Theodore B. Lundberg, constitutes a related party transaction.

Stakeholder Impact

• The distribution of shares may have a minor impact on shareholders due to the change in ownership structure, but it is unlikely to be significant.

Key Dates