Form 4: Cross Country Healthcare Executive Acquires Shares Through Performance-Based Stock Settlement

James V. Redd III, Chief Accounting Officer of Cross Country Healthcare, acquired 2,395 shares of common stock through the settlement of performance shares.

Summary

• On March 19, 2025, James V. Redd III, Chief Accounting Officer of Cross Country Healthcare, acquired 2,395 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 shares were settled based on the achievement of performance targets and are payable in shares of restricted stock.
• Following the transaction, Redd directly owns 20,836 shares of Cross Country Healthcare stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The performance-based aspect is mildly positive, suggesting target achievement.

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 performance-based nature of the stock settlement suggests that the company has achieved certain targets, which is a positive indicator.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company executive.
• Employees may view the achievement of performance targets as a positive sign for the company's overall health.

Key Dates

Keywords

Cross Country Healthcare, CCRN, James V. Redd III, Chief Accounting Officer, Stock Acquisition, Performance Shares, Omnibus Stock Incentive Plan, Restricted Stock, Beneficial Ownership, SEC Form 4