Form 4: Health Catalyst Director Duncan Gallagher Acquires 2,001 Shares Through RSU Vesting

Health Catalyst director Duncan Gallagher acquired 2,001 shares of common stock through the vesting of restricted stock units.

Summary

• Director Duncan Gallagher of Health Catalyst, Inc. acquired 2,001 shares of common stock on December 1, 2024.
• The acquisition was a result of the vesting of restricted stock units (RSUs) granted under the company's 2019 Stock Option and Incentive Plan.
• Each RSU represents a contingent right to receive one share of Health Catalyst's common stock.
• The RSUs vested fully on December 1, 2024, in accordance with the company's Non-Employee Director Compensation Policy.
• Following the transaction, Gallagher's total direct holdings amount to 78,938 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns interests. There are no indications of negative sentiment.

Positives

• The vesting of RSUs aligns director interests with shareholder value.
• The acquisition increases the director's stake in the company.

Industry Context

This is a standard transaction for a director of a public company, where equity compensation is a common practice to align interests with shareholders.

Comparison to Industry Standards

• Equity compensation through RSUs is a common practice for directors in publicly traded companies, such as those in the healthcare technology sector.
• Companies like Cerner (now Oracle Health) and Allscripts also use similar equity-based compensation plans for their directors.
• The vesting schedule and terms are generally aligned with industry norms to incentivize long-term value creation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Health Catalyst, Duncan Gallagher, restricted stock units, RSU, stock vesting, director, share acquisition, insider trading