Accendra Health (ACH) EVP uses 966 shares to settle tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Accendra Health Inc. executive Heath H. Galloway reported a routine tax-related share disposition. On this Form 4, 966 shares of common stock were surrendered to the company at $3.04 per share to cover tax withholding tied to vesting of restricted stock. After this non-market transaction, Galloway directly holds 168,128 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galloway Heath H
Role
EVP,General Counsel & CorpSecy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 966 | $3.04 | $3K |
Holdings After Transaction:
Common Stock — 168,128 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 966 shares
Price per share: $3.04 per share
Shares held after transaction: 168,128 shares
3 metrics
Tax-withholding shares
966 shares
Shares surrendered to issuer for tax withholding on restricted stock vesting
Price per share
$3.04 per share
Value used for the 966-share tax-withholding disposition
Shares held after transaction
168,128 shares
Direct common stock holdings after the tax-withholding disposition
Key Terms
tax withholding obligations, restricted stock, tax-withholding disposition
3 terms
tax withholding obligations financial
"satisfy tax withholding obligations in connection with vesting of restricted stock"
restricted stock financial
"in connection with vesting of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did ACCENDRA HEALTH INC/VA/ (ACH) report?
ACCENDRA HEALTH reported that executive Heath H. Galloway surrendered 966 common shares. The shares were delivered back to the company solely to satisfy tax withholding obligations from vesting restricted stock, not as an open-market sale.
Who is Heath H. Galloway in relation to ACCENDRA HEALTH (ACH)?
Heath H. Galloway is an officer of Accendra Health, serving as EVP, General Counsel and Corporate Secretary. The Form 4 shows his personal equity activity in the company’s common stock through a tax-related share disposition.