Form 4: Cross Country Healthcare Executive Reports Stock Transactions

Sentiment:

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

DateDescription
03/31/2024Date of stock transactions (acquisition and disposal).
03/31/2025First vesting date for restricted shares.
03/31/2026Second vesting date for restricted shares.
03/31/2027Third vesting date for restricted shares.
04/02/2024Date of signature on the Form 4 filing.

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