Accendra Health (ACH) grants 61,437 restricted shares to EVP counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Galloway Heath H reported acquisition or exercise transactions in this Form 4 filing.
ACCENDRA HEALTH INC/VA/ granted EVP, General Counsel & Corporate Secretary Heath H. Galloway 61,437 shares of Common Stock as a restricted stock award. The grant carries no purchase price and vests one-third per year over three years. Following this compensation award, Galloway directly holds 178,441 Common Stock shares. This is a non-market, equity-based compensation grant rather than an open-market purchase or sale, so it reflects long-term incentive alignment more than a trading view on the stock.
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 |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,437 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 178,441 shares (Direct)
Footnotes (1)
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FAQ
What did ACCENDRA HEALTH (ACH) insider Heath H. Galloway report on this Form 4?
Heath H. Galloway reported receiving a grant of 61,437 shares of ACCENDRA HEALTH Common Stock as restricted stock. The award is compensation, not an open-market trade, and increases his direct equity stake in the company.
What type of transaction is shown in the ACCENDRA HEALTH (ACH) Form 4 for Heath H. Galloway?
The Form 4 shows a grant or award acquisition of Common Stock, coded as “A”. This represents equity compensation granted by the company, not shares bought or sold in the market, and therefore carries limited trading-signal value for investors.
What is the vesting schedule for Heath H. Galloway’s ACCENDRA HEALTH restricted stock grant?
The restricted stock grant vests one-third per year over three years. This staggered vesting schedule encourages ongoing service and long-term alignment, as full ownership of all 61,437 shares will only occur after three annual vesting dates.