Form 4: Cross Country Healthcare Executive Acquires Shares Through Performance-Based Settlement
SEC Form 4 Filing
Susan E. Ball, General Counsel and Secretary of Cross Country Healthcare, acquired 10,018 shares of common stock on March 19, 2025, through the settlement of performance shares.
Summary
- On March 19, 2025, Susan E. Ball, the General Counsel and Secretary of Cross Country Healthcare Inc. (CCRN), acquired 10,018 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.
- The performance shares were settled based on the achievement of pre-defined performance targets and were payable in shares of restricted stock.
- Following the transaction, Ms. Ball directly owns 185,418 shares of Cross Country Healthcare Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive suggests confidence in the company, but it's a routine transaction related to compensation.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
- The settlement of performance shares suggests that the company has met certain performance targets, which is a positive indicator of its operational success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive's compensation is tied to company performance, aligning their interests with those of shareholders.
Stakeholder Impact
- The acquisition of shares by a company executive can have a slightly positive impact on shareholder sentiment.
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: Susan E. Ball acquired 10,018 shares of common stock. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Cross Country Healthcare, CCRN, Susan E. Ball, Form 4, Beneficial Ownership, Performance Shares, Stock Incentive Plan, General Counsel, Secretary, Acquisition
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