Form 4: Cross Country Healthcare Director Gale S. Fitzgerald Reports Stock Transactions

Director Gale S. Fitzgerald of Cross Country Healthcare, Inc. reports acquisition and disposal of company stock, including the vesting of restricted shares and shares held in a family trust.

Summary

• On June 1, 2024, Gale S. Fitzgerald, a director of Cross Country Healthcare, Inc. (CCRN), reported transactions involving the company's common stock.
• Fitzgerald acquired 9,921 shares of common stock, with these restricted shares vesting on June 1, 2025.
• Fitzgerald also disposed of 9,921 shares of common stock at $0.
• Following these transactions, Fitzgerald directly owns 95,651 shares and indirectly owns 79,918 shares through a family trust.
• Fitzgerald disclaims beneficial ownership of the shares held in the family trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it primarily reports stock transactions by a company director, which is a routine regulatory filing. There is no indication of positive or negative sentiment towards the company's performance or future prospects.

Positives

• The acquisition of restricted shares indicates a continued investment and alignment with the company's future performance.

Management Comments

• Fitzgerald disclaims beneficial ownership of the shares held in the family trust, stating that the filing of the report is not an admission of beneficial ownership for Section 16 purposes or any other purpose.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.

Key Dates