Form 4: Cross Country Healthcare Executive Reports Stock Transactions
SEC Form 4 Filing
Colin Patrick McDonald, Chief Human Resources Officer at Cross Country Healthcare, reports acquisition and disposal of common stock related to vesting of restricted shares and tax obligations.
Summary
- On March 31, 2024, Colin Patrick McDonald, Chief Human Resources Officer of Cross Country Healthcare, engaged in transactions involving the company's common stock.
- McDonald acquired 4,808 shares and 1,603 shares of common stock.
- He also disposed of 1,642, 887, 454, and 441 shares to cover tax withholding obligations at a price of $18.72 per share.
- Following these transactions, McDonald directly owns 24,234 shares of Cross Country Healthcare stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock transactions (acquisition and disposal). |
| 03/31/2025 | First vesting date for restricted shares. |
| 03/31/2026 | Second vesting date for restricted shares. |
| 03/31/2027 | Third vesting date for restricted shares. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.