Form 4: Cross Country Healthcare Executive Karen Mote Sells Shares
SEC Form 4 Filing
Karen Mote, President of Cross Country Locums, sold 6,216 shares of Cross Country Healthcare Inc. (CCRN) common stock on March 15, 2024.
Summary
- On March 15, 2024, Karen Mote, the President of Cross Country Locums, sold 6,216 shares of Cross Country Healthcare Inc. (CCRN) common stock.
- The shares were sold at a weighted average price of $16.95, with individual transactions ranging from $16.94 to $16.971.
- Following the transaction, Mote directly owns 35,101 shares of CCRN.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on March 18, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a negative outlook, as it could be for personal financial reasons.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could cause minor short-term fluctuations in the stock price, but the overall impact on stakeholders is likely to be minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock sale transaction |
| 03/18/2024 | Date of Form 4 filing |
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