Accendra Health (ACH) EVP uses 9,347 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Accendra Health executive Heath H. Galloway transferred 9,347 shares of common stock to the company at $2.03 per share to cover tax withholding on vested restricted stock. This non‑market, tax-withholding disposition leaves him holding 169,094 shares directly, reflecting a routine compensation-related adjustment rather than an open-market trade.
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 | 9,347 | $2.03 | $19K |
Holdings After Transaction:
Common Stock — 169,094 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Accendra Health (ACH) report for Heath H. Galloway?
Accendra Health reported that EVP and General Counsel Heath H. Galloway surrendered 9,347 common shares at $2.03 each to the company. The shares were used to satisfy tax withholding obligations tied to vesting restricted stock, rather than an open-market sale of shares.
Was Heath H. Galloway’s Accendra Health Form 4 transaction an open-market sale of ACH stock?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Galloway surrendered 9,347 shares back to Accendra Health to cover taxes on vesting restricted stock, a routine administrative step associated with equity compensation, rather than a discretionary sale into the market.
What does transaction code "F" mean in the Accendra Health (ACH) Form 4 filing?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this filing, 9,347 Accendra Health shares were surrendered to satisfy tax withholding obligations arising from restricted stock vesting, rather than being sold into the public market.