Form 4: Cross Country Healthcare Executive James V. Redd III Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
James V. Redd III, Chief Accounting Officer of Cross Country Healthcare, reports disposing of shares to cover tax obligations related to vested restricted stock.
Summary
- On March 31, 2025, James V. Redd III, the Chief Accounting Officer of Cross Country Healthcare, disposed of a total of 2,039 shares of common stock to satisfy tax withholding obligations.
- The disposals were executed at a price of $14.89 per share.
- Following these transactions, Redd directly owns 18,799 shares of Cross Country Healthcare common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
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 when restricted stock vests.
Stakeholder Impact
- The stock disposal 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 to cover tax obligations. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Cross Country Healthcare, CCRN, James V. Redd III, Chief Accounting Officer, Stock Disposal, Tax Withholding, Restricted Stock, Beneficial Ownership
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