Welcome to our dedicated page for Acadia Healthcar SEC filings (Ticker: ACHC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Acadia Healthcare Company, Inc. SEC filings document the company's behavioral healthcare operations, public-company governance and capital structure. Its disclosures describe subsidiaries that own, operate or manage acute inpatient psychiatric facilities, specialty treatment facilities, comprehensive treatment centers, residential treatment centers and outpatient behavioral healthcare facilities in the U.S. and Puerto Rico.
Acadia's filings include Form 8-K reports on operating and financial results, Regulation FD materials, executive and director changes, separation and compensation arrangements, and shareholder voting outcomes. Proxy materials cover board elections, executive compensation, incentive compensation plans and annual-meeting proposals, while registered-security disclosures identify ACHC common stock on the NASDAQ Global Select Market.
Acadia Healthcare Company, Inc. — The Khrom reporting group amended its Schedule 13D disclosing aggregate beneficial ownership of 7,457,311 Shares of Common Stock as of March 10, 2026, representing approximately 8.09% of outstanding shares.
The filing states Khrom Investments directly holds 7,450,383 Shares, Khrom Capital has shared voting and dispositive power over those same 7,450,383 Shares, and Eric Khrom directly holds 6,928 Shares, for an aggregate total of 7,457,311 Shares. The outstanding share base cited is 92,211,777 Shares as of February 25, 2026 per the Issuer's Annual Report on Form 10-K.
Acadia Healthcare Company, Inc. executive Brian Farley reported a Form 4 showing a tax-related share disposition. On this date, he disposed of 1,915 shares of common stock at a price of $22.29 per share to cover tax withholding obligations, leaving him with 69,165 shares held directly.
Acadia Healthcare Company, Inc. reports full-year 2025 revenue of $3,312.8 million, up from $3,154.0 million, reflecting growth across its behavioral health platform. The company operated 277 facilities with over 12,500 beds in 40 states and Puerto Rico as of December 31, 2025.
Acadia’s revenue mix is diversified, with 57.7% from Medicaid, 24.6% from commercial payors, 14.3% from Medicare and 3.4% from other payors, and no single facility exceeding 4% of revenue. The business focuses on acute inpatient psychiatric facilities, specialty treatment facilities, comprehensive treatment centers and residential treatment centers.
During 2025, Acadia refinanced its capital structure with a new $1.0 billion senior secured revolving credit facility and a $650.0 million term loan maturing in 2030, and issued $550.0 million of 7.375% senior notes due 2033. Management highlights adequate covenant headroom and maintenance capital expenditures of about 3% of revenue.
Acadia Healthcare reported fourth quarter 2025 revenue of $821.5 million, up 6.1%, but posted a net loss of $1.18 billion versus net income of $33.5 million a year earlier, driven largely by a non-cash goodwill impairment of $996.2 million and higher legal and PLGL-related costs.
Adjusted EBITDA fell to $99.8 million from $153.1 million as PLGL expenses rose and a $147 million securities litigation settlement hit results. For full year 2025, revenue grew to $3.31 billion while net loss reached $1.10 billion. For 2026, the company guides to revenue of $3.37–$3.45 billion, adjusted EBITDA of $575–$610 million, and adjusted EPS of $1.30–$1.55, assuming modest same-facility volume and pricing growth and continued startup losses from new facilities.
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report beneficial ownership of 4,707,486.16 shares of Acadia Healthcare Company, Inc. common stock, representing 5.1% of the outstanding class. All voting and dispositive power over these shares is shared, with no sole voting or dispositive authority.
The firms state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Acadia Healthcare. The filing is made jointly under a written agreement, with both entities represented by an attorney-in-fact.
Wellington Management Group LLP and affiliates filed an amended Schedule 13G reporting a significant ownership position in Acadia Healthcare Company, Inc. common stock as of 12/31/2025.
The Wellington entities report beneficial ownership of 11,774,308 shares, representing 12.8% of Acadia Healthcare’s common stock. They report no sole voting or dispositive power, but shared voting power over 11,386,678 shares and shared dispositive power over 11,774,308 shares, reflecting holdings managed on behalf of investment advisory clients.
The securities are owned of record by clients of various Wellington investment advisers. One such client, Vanguard Health Care Fund, is identified as having rights to more than five percent of the class through these managed positions. Wellington certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Acadia Healthcare.
Acadia Healthcare Company, Inc. received an updated ownership filing showing that investment entities affiliated with Khrom Capital report a significant stake in the company’s common stock. Khrom Investments Fund is the direct beneficial owner of 8,124,609 shares, while Eric Khrom directly owns an additional 6,928 shares, for a total of 8,131,537 shares reported as beneficially owned by him.
The filing states that this position represents 8.81% of Acadia’s common stock, based on 92,258,166 shares outstanding as of November 4, 2025. Khrom Capital Management LLC is reported to share voting and dispositive power over the 8,124,609 shares held by Khrom Investments, and Eric Khrom may be deemed to share authority over those shares through his roles in the related entities, while disclaiming beneficial ownership except to the extent of any pecuniary interest.
Acadia Healthcare Company, Inc. reported that Chief Executive Officer Christopher H. Hunter departed his role and resigned from the Board of Directors effective January 20, 2026. Acadia and Mr. Hunter entered into a separation and release agreement that provides several cash and benefit components.
Under the agreement, Mr. Hunter remains eligible to earn his 2025 annual bonus, will receive 1.5 times the sum of his 2025 base salary and target bonus paid over 18 months, and will be reimbursed for 18 months of health and dental insurance premiums. He will also receive a lump-sum cash payment of $1,785,000 tied to a prior retention bonus agreement. A prorated portion of his performance-based restricted stock units may still vest based on actual performance, while all other unvested equity awards were forfeited. These benefits are contingent on his release of claims and compliance with restrictive covenants.
Acadia Healthcare Company, Inc. granted Chief Executive Officer and director Debra K. Osteen a stock option on January 20, 2026 covering 1,125,000 shares of common stock. The option has an exercise price of $11.68 per share, expires on January 20, 2036, and was awarded at a price of $0 for the derivative itself.
The vesting is performance- and time-based. 250,000 shares vest when the 30‑day share price VWAP reaches at least $25.00, another 250,000 at a VWAP of $35.00, and another 250,000 at a VWAP of $45.00. Three additional tranches of 125,000 shares each vest on the later of achieving the corresponding VWAP hurdle and January 20, 2027.
Acadia Healthcare Company, Inc. director and Chief Executive Officer Debra K. Osteen filed a Form 3 reporting her beneficial ownership in the company’s common stock. She reported ownership of 3,765 shares of common stock, held directly, as of the event date of January 20, 2026. The filing does not list any derivative securities such as options or warrants.