Accendra Health (ACH) director receives 31,191 restricted shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gardner-Smith Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Accendra Health Inc. director Kenneth Gardner-Smith received a grant of 31,191 shares of Common Stock as restricted stock on May 14, 2026. These shares were awarded at no cash cost and increase his direct holdings to 86,113 shares.
The restricted stock grant vests on the earlier of one year from the grant date or the next annual meeting that is at least 50 weeks after the grant date, meaning the award is tied to continued board service over roughly a one-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gardner-Smith Kenneth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 31,191 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 86,113 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 31,191 shares
Transaction price per share: $0.0000 per share
Shares held after grant: 86,113 shares
3 metrics
Restricted shares granted
31,191 shares
Common Stock grant on May 14, 2026
Transaction price per share
$0.0000 per share
Equity compensation, not a cash purchase
Shares held after grant
86,113 shares
Director’s direct Common Stock holdings following transaction
Key Terms
Restricted stock grant, Common Stock, annual meeting
3 terms
Restricted stock grant financial
"Restricted stock grant which vests the earlier of (i) one year from the grant date..."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
annual meeting financial
"the date of the next annual meeting that is at least 50 weeks following the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transaction did Accendra Health (ACH) report for Kenneth Gardner-Smith?
Accendra Health reported that director Kenneth Gardner-Smith received a grant of 31,191 shares of Common Stock as restricted stock. The award was recorded at no cash cost per share and represents equity-based compensation tied to his role on the board.
What are the vesting terms of the Accendra Health (ACH) restricted stock grant?
The restricted stock grant vests on the earlier of one year from the grant date or the date of the next annual meeting that is at least 50 weeks after the grant date. These conditions encourage continued board service over approximately a one-year period before full ownership.
Is the Accendra Health (ACH) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market purchase. The transaction is coded “A” for a grant, award, or other acquisition, with 31,191 restricted shares awarded at no cash cost, subject to specified vesting conditions tied to time and the annual meeting.