AdaptHealth Executive Takes Stake: McFadden Granted 54K Restricted Shares
Rhea-AI Filing Summary
AdaptHealth Corp (AHCO) filed a Form 3 Initial Statement of Beneficial Ownership for Daniel Edward McFadden, who has been appointed as the company's Chief Business Systems Officer. The filing, dated June 28, 2025, discloses McFadden's initial beneficial ownership position in the company.
Key ownership details:
- McFadden beneficially owns 53,958 shares of common stock in the form of restricted stock units (RSUs)
- The ownership is held directly (D)
- The RSUs will be settled in common stock upon vesting
The filing was executed by Richard Rew as attorney-in-fact for Daniel McFadden on June 26, 2025. This Form 3 filing is required under Section 16(a) of the Securities Exchange Act of 1934 for new officers, directors, or beneficial owners of more than 10% of a company's securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McFadden Daniel Edward
Role
Chief Business Systems Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,958 shares (Direct)
Footnotes (1)
- F1. These shares represent restricted stock units and will be settled in common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is Daniel McFadden at AHCO and what position was he appointed to?
Daniel McFadden was appointed as Chief Business Systems Officer at AdaptHealth Corp (AHCO). This is disclosed in his Form 3 filing dated June 28, 2025, which reports his initial statement of beneficial ownership as an officer of the company.
Does AHCO's new Chief Business Systems Officer own any derivative securities?
No, according to Table II of the Form 3 filing, Daniel McFadden does not own any derivative securities such as stock options, puts, calls, warrants, or convertible securities in AHCO at the time of his appointment.
When did Daniel McFadden's appointment at AHCO become effective?
According to the Form 3 filing, the date of event requiring the statement was June 9, 2025, which indicates this was the effective date of Daniel McFadden's appointment as Chief Business Systems Officer at AdaptHealth Corp.