4/A: SunLink Director Corrects Stock Option Filing
Insider Transaction Amendment
SunLink Health Systems Director C. Michael Ford filed an amended Form 4 to correct a typographical error regarding the exercise price of stock options.
Summary
- C. Michael Ford, a Director of SunLink Health Systems Inc. (SSY), filed an amended Form 4.
- The amendment corrects a typographical error in the conversion price of a Director Stock Option in Table II of the original filing.
- On September 15, 2023, Ford exercised 3,000 Director Stock Options.
- The exercise price for these options was $0.71 per share.
- Following this transaction, Ford beneficially owns 49,422 shares of Common Stock.
- The Director Stock Options were exercisable from September 16, 2013, and expired on September 16, 2023.
Sentiment
Score: 5
Explanation: The filing is an amendment to correct a typographical error in a previously reported insider transaction, indicating no new material positive or negative information for the company.
Future Outlook
NA
Industry Context
This filing pertains to an individual insider transaction correction and does not provide information relevant to broader industry trends or competitive landscape.
Key Dates
| Date | Description |
|---|---|
| 09/16/2013 | Director Stock Option exercisable date |
| 09/15/2023 | Date of transaction (option exercise) |
| 09/16/2023 | Director Stock Option expiration date |
| 08/07/2025 | Date of original filing (as stated in the amendment) |
Keywords
SunLink Health Systems, SSY, Form 4, SEC filing, insider transaction, stock option, director, beneficial ownership, amendment
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