Form 4: Karen Mote, Officer at Cross Country Healthcare, Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Karen Mote, Pres. of Cross Country Locums, reports disposing of common stock to cover tax obligations related to vested restricted stock.

Summary

  • On March 31, 2025, Karen Mote, President of Cross Country Locums, disposed of several blocks of Cross Country Healthcare Inc. common stock to cover tax withholding obligations.
  • The disposals were executed at a price of $14.89 per share.
  • A total of 2,649 shares were disposed of in four separate transactions: 503 shares, 489 shares, 516 shares, and 1,141 shares.
  • Following these transactions, Mote directly owns 24,312 shares of Cross Country Healthcare Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. These filings are closely watched by investors seeking to understand management's perspective on the company's stock.

Stakeholder Impact

  • The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
03/31/2025Date of stock disposal transactions to cover tax obligations.
04/02/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Tax Withholding, CCRN, Cross Country Healthcare, Karen Mote

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