Form 4: Cross Country Healthcare Director's Stock Holdings Adjusted for Tax Withholding

Dwayne Allen, a Director at Cross Country Healthcare Inc., reported a disposition of 2,182 common shares to cover tax obligations related to vested restricted stock.

Summary

• Dwayne Allen, a Director of Cross Country Healthcare Inc. (CCRN), reported a transaction on June 1, 2025.
• The transaction involved the disposition of 2,182 shares of common stock at a price of $13.18 per share.
• These shares were withheld by the company to satisfy tax withholding obligations upon the vesting of restricted stock.
• Following this transaction, Mr. Allen beneficially owns 12,609 shares of Cross Country Healthcare common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event related to vested restricted stock, which is a neutral event in terms of company performance or strategic direction.

Positives

• The transaction indicates the vesting of restricted stock for Director Dwayne Allen, implying a successful fulfillment of equity compensation terms.

Negatives

• The disposition of shares, while for tax purposes, reduces the director's direct ownership in the company.

Future Outlook

NA

Industry Context

This transaction is a routine insider filing related to equity compensation, common across industries for executives and directors receiving restricted stock units as part of their compensation packages.

Stakeholder Impact

• Minimal direct impact on shareholders, as it's a routine tax-related transaction for a director's compensation. It reflects the director's continued equity ownership.

Key Dates

Recommendation

Keywords

Cross Country Healthcare, CCRN, Form 4, Insider Transaction, Dwayne Allen, Stock Vesting, Tax Withholding, Director Stock Ownership