Form 4: Cross Country Healthcare Executive Sells Shares
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
| Date | Description |
|---|---|
| 05/23/2024 | Date of the stock sale transaction. |
| 05/24/2024 | Date of the Form 4 filing. |
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