Form 4: Cross Country Healthcare Executive Colin McDonald Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Colin McDonald, Chief Human Resources Officer at Cross Country Healthcare, reported the disposal of common stock to cover tax withholding obligations related to vested restricted stock.
Summary
- On March 31, 2025, Colin McDonald, the Chief Human Resources Officer of Cross Country Healthcare Inc. (CCRN), disposed of several blocks of common stock to satisfy tax withholding obligations.
- The disposals were executed at a price of $14.89 per share.
- A total of 1,928 shares were disposed of across five transactions.
- Following these transactions, McDonald directly owns 24,920 shares of Cross Country Healthcare Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing relates to routine tax obligations. It doesn't suggest any positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The disposal of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock disposal transactions to cover tax obligations. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Cross Country Healthcare, CCRN, Colin McDonald, Stock Disposal, Tax Withholding, Beneficial Ownership, Officer
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