Form 4: Cross Country Healthcare Executive Sells Shares

Sentiment:

SEC Form 4 Filing


Phillip Lyn Noe, Chief Information Officer of Cross Country Healthcare, sold 9,646 shares of common stock at an average price of $14.19 on May 23, 2024.

Summary

  • On May 23, 2024, Phillip Lyn Noe, the Chief Information Officer of Cross Country Healthcare Inc. (CCRN), sold 9,646 shares of the company's common stock.
  • The sale was executed at a weighted average price of $14.19 per share.
  • The prices for individual transactions ranged from $14.065 to $14.31.
  • Following the transaction, Noe directly owns 10,162 shares of Cross Country Healthcare Inc.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale, which doesn't inherently indicate positive or negative sentiment about the company's future prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their potential impact on the stock's price and investor sentiment.

Stakeholder Impact

  • The sale of shares by a company executive could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

DateDescription
05/23/2024Date of the stock sale transaction.
05/24/2024Date of the Form 4 filing.

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