Form 4: Cross Country Healthcare Executive Phillip Noe Reports Stock Disposals to Cover Tax Obligations

Phillip Noe, Chief Information Officer of Cross Country Healthcare, reports disposing of shares to cover tax obligations related to vested restricted stock.

Summary

• On March 31, 2025, Phillip Noe, the Chief Information Officer of Cross Country Healthcare Inc. (CCRN), disposed of several blocks of common stock to cover tax withholding obligations.
• A total of 3,430 shares were disposed of at a price of $14.89 per share.
• These disposals were related to the vesting of restricted stock.
• Following these transactions, Mr. Noe directly owns 10,320 shares of Cross Country Healthcare Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. These filings are common across all publicly traded companies and are used to ensure compliance with securities regulations.

Stakeholder Impact

• The stock disposal has a minor impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.

Key Dates

Keywords

Form 4, CCRN, Cross Country Healthcare, Phillip Noe, Stock Disposal, Tax Withholding, Restricted Stock, Beneficial Ownership