Accendra Health CEO covers taxes with share surrender
Accendra Health President & CEO Edward A. Pesicka reported a tax-related share disposition, not an open-market stock sale.
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Rhea-AI Filing Summary
Accendra Health President & CEO Edward A. Pesicka reported a tax-related share disposition, not an open-market stock sale. On the Form 4, 58,945 shares of common stock were surrendered at $2.03 per share to cover tax withholding tied to vesting of restricted stock.
These shares were delivered back to the company rather than sold to outside investors. After this transaction, Pesicka directly holds 1,090,477 shares of Accendra Health common stock, indicating he retains a substantial equity position in the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 58,945 | $2.03 | $120K |
Footnotes (1)
- F1. Represents shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock granted to the Reporting Person.
FAQ
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What did Accendra Health (ACH) CEO report in this Form 4 filing?
Was the Accendra Health (ACH) Form 4 a stock sale by the CEO?
What does transaction code "F" mean in the Accendra Health (ACH) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.