Form 4: Cross Country Healthcare Executive Susan E. Ball Reports Changes in Beneficial Ownership

Susan E. Ball, General Counsel and Secretary of Cross Country Healthcare, reports acquisition and disposal of common stock related to vesting of restricted shares and tax obligations.

Summary

• On March 31, 2024, Susan E. Ball, General Counsel and Secretary of Cross Country Healthcare, reported changes in her beneficial ownership of the company's common stock.
• She acquired 15,358 shares of common stock through vesting of restricted shares.
• She disposed of 4,788 shares, 2,934 shares, 1,740 shares and 1,690 shares of common stock to satisfy tax withholding obligations related to the vesting of restricted stock.
• The price for the disposed shares was $18.72.
• Following these transactions, Ball beneficially owns 175,400 shares of Cross Country Healthcare common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The vesting of restricted shares indicates that performance milestones were likely met, which is a positive signal.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the vesting of restricted stock and the subsequent sale of shares to cover tax obligations, which is a common practice.

Comparison to Industry Standards

• Form 4 filings are standard practice across all publicly listed companies and are mandated by the SEC to ensure transparency.
• The vesting schedule of the restricted shares (three substantially equal installments) is a common vesting structure.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates