Form 4: Cross Country Healthcare Director Dwayne Allen Reports Stock Transactions
SEC Form 4 Filing
Director Dwayne Allen reports acquisition and disposal of Cross Country Healthcare (CCRN) stock on June 1, 2024, including shares withheld for tax obligations.
Summary
- On June 1, 2024, Dwayne Allen, a director of Cross Country Healthcare, Inc. (CCRN), reported acquiring 9,921 shares of common stock.
- These shares were restricted and will vest on June 1, 2025.
- Also on June 1, 2024, Allen disposed of 2,150 shares at a price of $15.12 to cover tax withholding obligations related to restricted stock that vested on the same date.
- Following these transactions, Allen beneficially owns 14,791 shares of CCRN common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the healthcare industry and other sectors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock acquisition and disposal. |
| 06/01/2025 | Vesting date for restricted shares. |
| 06/04/2024 | Date of Form 4 filing. |
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