Form 4: Cross Country Healthcare CFO Reports Stock Disposals to Cover Tax Obligations

William J. Burns, CFO of Cross Country Healthcare, disposed of shares to cover tax withholding obligations related to vested restricted stock.

Summary

• On March 31, 2025, William J. Burns, the Chief Financial Officer of Cross Country Healthcare Inc., disposed of a total of 13,465 shares of common stock to satisfy tax withholding obligations.
• The disposals were executed at a price of $14.89 per share.
• Following these transactions, Burns directly owns 242,508 shares of Cross Country Healthcare Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing is a routine disclosure of stock disposals to cover tax obligations, which is a common practice. 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 to ensure transparency in insider trading activities. This filing indicates that a company insider sold shares, which can sometimes be interpreted negatively by the market, but in this case, it is explicitly stated to be for tax obligations related to vested stock.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholder sentiment, although it is explained as being for tax purposes.

Key Dates

Keywords

Form 4, CCRN, Cross Country Healthcare, William J. Burns, CFO, Stock Disposal, Tax Withholding, Beneficial Ownership