Form 4: Cross Country Healthcare CFO William J. Burns Acquires Shares Through Performance Share Settlement
SEC Form 4 Filing
William J. Burns, CFO of Cross Country Healthcare, acquired 14,373 shares of common stock on March 19, 2025, through the settlement of performance shares.
Summary
- On March 19, 2025, William J. Burns, the Chief Financial Officer of Cross Country Healthcare Inc. (CCRN), acquired 14,373 shares of common stock.
- The acquisition was a result of the settlement of performance shares granted on March 31, 2022, under the company's Omnibus Stock Incentive Plan.
- These performance shares were settled based on the achievement of pre-defined performance targets and were payable in shares of restricted stock.
- Following the transaction, Burns directly owns 255,973 shares of Cross Country Healthcare Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard transaction related to executive compensation. The acquisition of shares by the CFO is generally a positive sign, but it's part of a pre-existing plan.
Positives
- The acquisition of shares by the CFO demonstrates confidence in the company's performance and future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The acquisition of shares by the CFO could positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of grant for the performance shares under the Issuer's Omnibus Stock Incentive Plan. |
| 03/19/2025 | Date of transaction: William J. Burns acquired 14,373 shares of common stock through settlement of performance shares. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
CCRN, Cross Country Healthcare, William J. Burns, CFO, Form 4, Beneficial Ownership, Performance Shares, Stock Incentive Plan, Restricted Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.