Ardent Health (ARDT) chair awarded 14,231 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sotir Mark R reported acquisition or exercise transactions in this Form 4 filing.
Ardent Health, Inc. director and Chair of the Board Mark R. Sotir received an award of 14,231 shares of Common Stock in the form of restricted stock units at no purchase price. These units vest in full on the first anniversary of April 1, 2026, contingent on his continued service with the company. Following this grant, he holds 38,709 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sotir Mark R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,231 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,709 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 14,231 shares
Grant price per share: $0.00 per share
Shares held after grant: 38,709 shares
3 metrics
RSU grant size
14,231 shares
Restricted stock units of Common Stock granted to Mark R. Sotir
Grant price per share
$0.00 per share
Reported transaction price for the RSU award
Shares held after grant
38,709 shares
Direct holdings of Mark R. Sotir following the transaction
Key Terms
restricted stock units, vesting, Common Stock, grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents restricted stock units that vest in full on the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"units that vest in full on the first anniversary of April 1, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Ardent Health (ARDT) report for Mark R. Sotir?
Ardent Health reported that director and Chair of the Board Mark R. Sotir received a grant of 14,231 restricted stock units of Common Stock. The award was recorded as an acquisition at no purchase price and increases his directly held shares to 38,709.
When do Mark R. Sotir’s Ardent Health (ARDT) restricted stock units vest?
The restricted stock units granted to Mark R. Sotir vest in full on the first anniversary of April 1, 2026. Vesting is conditioned on his continued service with Ardent Health through that vesting date, meaning the units must be held until then to settle into shares.
What conditions apply to Mark R. Sotir’s Ardent Health (ARDT) equity grant?
The restricted stock units vest only if Mark R. Sotir continues serving Ardent Health through the vesting date, the first anniversary of April 1, 2026. If he remains in service, the RSUs are scheduled to vest in full and convert into Common Stock.