Form 4: Cross Country Healthcare Executive Karen Mote Reports Acquisition of 2,265 Shares
SEC Form 4 Filing
Karen Mote, President of Cross Country Locums, reports acquiring 2,265 shares of Cross Country Healthcare Inc. stock on March 19, 2025, through the settlement of performance shares.
Summary
- On March 19, 2025, Karen Mote, President of Cross Country Locums, acquired 2,265 shares of Cross Country Healthcare Inc. (CCRN) 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.
- These performance shares were settled based on the achievement of pre-defined performance targets and were payable in shares of restricted stock.
- The price per share for the acquisition was $0.
- Following the transaction, Karen Mote directly owns 26,961 shares of Cross Country Healthcare Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but it's part of a pre-existing plan.
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 operational success.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the trading activities of company executives and directors, allowing investors to monitor potential insider sentiment.
Stakeholder Impact
- The acquisition of shares by a company executive could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of original grant of performance shares under the Issuer's Omnibus Stock Incentive Plan. |
| 03/19/2025 | Date of transaction: Karen Mote acquired 2,265 shares of common stock. |
| 03/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, Cross Country Healthcare, CCRN, Karen Mote, stock acquisition, performance shares, Omnibus Stock Incentive Plan
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