Form 4: Cross Country Healthcare Director W. Larry Cash Increases Stake in Company

Director W. Larry Cash has increased his holdings in Cross Country Healthcare through open market purchases of common stock.

Summary

• W. Larry Cash, a director at Cross Country Healthcare, has filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
• On August 28, 2017, Mr. Cash purchased 2,000 shares of common stock at a price of $12.08 per share.
• On August 10, 2018, Mr. Cash purchased an additional 4,000 shares of common stock at a price of $9.29 per share.
• Following these transactions, Mr. Cash's direct holdings increased to 199,632 shares of common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine insider transaction. The purchases are a positive sign, but not a major event.

Positives

• The director's purchases indicate confidence in the company's future prospects.
• Increased insider ownership can be a positive signal for investors.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the actions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transactions are typical for directors who may periodically adjust their holdings in the company.

Stakeholder Impact

• The increased insider ownership may positively influence investor confidence.

Key Dates

Keywords

insider trading, Form 4, beneficial ownership, stock purchase, CCRN, Cross Country Healthcare, director