Director at Accendra Health (ACH) receives 31,191 phantom stock units as equity-linked award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bingham Gwendolyn M reported acquisition or exercise transactions in this Form 4 filing.
Accendra Health director Gwendolyn M. Bingham received a grant of 31,191 phantom stock units on May 14, 2026 at no cost. This award increases her phantom stock holdings to 80,603 units. Each phantom unit is convertible on a 1-for-1 basis into common stock and becomes payable, in cash or common stock at her election, upon events such as death, disability, termination of service as director, or a preselected future delivery date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bingham Gwendolyn M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 31,191 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 80,603 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock grant: 31,191 units
Total phantom stock holdings: 80,603 units
Grant price: $0.0000 per unit
+1 more
4 metrics
Phantom stock grant
31,191 units
Grant on May 14, 2026 to director Gwendolyn M. Bingham
Total phantom stock holdings
80,603 units
Phantom stock units held following the reported transaction
Grant price
$0.0000 per unit
Phantom stock award provided at no cash cost to the director
Conversion ratio
1-for-1
Each phantom stock unit convertible into one share of common stock
Key Terms
Phantom Stock, 1-for-1 basis, termination of service as director, specified future delivery date
4 terms
Phantom Stock financial
"The shares of phantom stock are convertible on a 1-for-1 basis"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
1-for-1 basis financial
"The shares of phantom stock are convertible on a 1-for-1 basis"
termination of service as director financial
"termination of service as director, (d) specified future delivery date"
specified future delivery date financial
"termination of service as director, (d) specified future delivery date, or (e)"
FAQ
What insider transaction did Accendra Health (ACH) report for Gwendolyn M. Bingham?
Accendra Health reported that director Gwendolyn M. Bingham received a grant of 31,191 phantom stock units. These units were awarded at no cost and increase her total phantom stock holdings to 80,603 units, providing deferred, equity-linked compensation tied to the company’s common stock.
How many phantom stock units does Gwendolyn M. Bingham hold after this Form 4?
After the reported grant, Gwendolyn M. Bingham holds 80,603 phantom stock units. This total includes the new 31,191-unit award, reflecting her accumulated deferred compensation that is linked in value to Accendra Health’s common stock on a one-for-one basis.
What are the key terms of the phantom stock granted by Accendra Health (ACH)?
Each phantom stock unit is convertible on a 1-for-1 basis into common stock and becomes payable in cash or common stock. Payment occurs upon a triggering event such as death, disability, termination of service as director, a specified future delivery date, or the earliest of these elected events.
Is the phantom stock grant to Gwendolyn M. Bingham an open-market purchase or sale?
The phantom stock grant is not an open-market purchase or sale; it is a compensation-related award. The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of derivative securities provided by the company rather than a market transaction.
When can Gwendolyn M. Bingham receive value from her Accendra Health phantom stock units?
Value from the phantom stock units becomes payable upon specific events elected in advance, including death, disability, termination of service as director, or a specified future delivery date. At that time, the award is settled in cash or common stock at the reporting person’s election.