Ardent Health (ARDT) EVP awarded 34,733 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Petrovich Stephen C. reported acquisition or exercise transactions in this Form 4 filing.
Ardent Health, Inc. executive vice president, general counsel and secretary Stephen C. Petrovich was granted 34,733 shares of common stock on March 11, 2026 as a performance-based award. The shares were earned under performance-vesting restricted stock units granted on July 18, 2024 and will vest on December 31, 2026, contingent on continued service.
Following this award, Petrovich directly owns 753,036 shares of Ardent Health common stock. The filing also reports additional indirect holdings of common stock through 2016 exempt family trusts benefiting his children, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Petrovich Stephen C.
Role
EVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,733 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 753,036 shares (Direct);
Common Stock — 186,225 shares (Indirect, See footnote)
Footnotes (1)
- Shares earned based on 2024 and 2025 performance under performance vesting restricted stock units awarded on July 18, 2024. Pursuant to the terms of the award, the shares will vest on December 31, 2026 contingent upon service through such date. These securities are held by Emilie K. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any. These securities are held by Stephen C. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person's spouse is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any.
FAQ
What insider transaction did Ardent Health (ARDT) report for Stephen C. Petrovich?
Ardent Health reported that EVP, general counsel and secretary Stephen C. Petrovich received 34,733 shares of common stock as a performance-based equity award. The grant reflects shares earned under earlier performance-vesting restricted stock units tied to 2024 and 2025 results.
Are Stephen C. Petrovich’s indirect Ardent Health holdings personally controlled by him?
The indirect holdings are in two 2016 exempt family trusts benefiting his children, one where he is trustee and one where his spouse is trustee. He disclaims beneficial ownership of these securities, except to the extent of any pecuniary interests he may have in them.
Does this Ardent Health Form 4 reflect an open-market stock purchase or sale?
The Form 4 does not show any open-market purchase or sale. It reports a grant-type acquisition coded as a performance-based award at $0.00 per share, along with updated direct and indirect ownership details, rather than discretionary market trading by Stephen C. Petrovich.