Form 4: Cross Country Healthcare Executive Marc S. Krug Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Group President of Delivery at Cross Country Healthcare, Marc S. Krug, reports disposing of common stock to cover tax obligations related to vested restricted stock.
Summary
- On March 31, 2025, Marc S. Krug, Group President, Delivery at Cross Country Healthcare Inc., disposed of shares of common stock to satisfy tax withholding obligations.
- A total of 5,648 shares were disposed of at a price of $14.89 per share.
- Following these transactions, Krug directly owns 34,853 shares of Cross Country Healthcare Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes, which is a normal part of executive compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates stock disposals to cover tax obligations, a common practice after stock vesting.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on stakeholders as it is related to tax obligations and represents a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock disposal for tax withholding. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, insider trading, stock disposal, tax withholding, Cross Country Healthcare, CCRN, Marc S. Krug
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