Astrana Health (ASTH) director gets 4,991 new restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kitayama Mitchell W reported acquisition or exercise transactions in this Form 4 filing.
Astrana Health, Inc. director Mitchell W. Kitayama received a grant of 4,991 shares of restricted common stock as equity compensation. The award was granted at no cash cost per share under the company’s 2024 Equity Incentive Plan and will vest on the earlier of June 10, 2027 or the company’s 2027 annual meeting of stockholders. Following this grant, Kitayama directly holds a total of 32,837 shares of Astrana Health common stock, including the unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kitayama Mitchell W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,991 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,837 shares (Direct, null)
Footnotes (1)
- Restricted shares of the Issuer's common stock granted pursuant to the Issuer's 2024 Equity Incentive Plan, which will vest on the earlier of (i) June 10, 2027 or (ii) the date of the Issuer's 2027 annual meeting of stockholders. Includes 4,991 shares of restricted stock, which will vest on the earlier of June 10, 2027 or the date of the Issuer's 2027 annual meeting of stockholders.
Key Figures
Restricted stock grant: 4,991 shares
Grant price per share: $0.00 per share
Holdings after transaction: 32,837 shares
+2 more
5 metrics
Restricted stock grant
4,991 shares
Equity award to director Mitchell W. Kitayama
Grant price per share
$0.00 per share
Reported grant price for restricted common stock
Holdings after transaction
32,837 shares
Total common stock directly held after grant
Vesting date
Earlier of June 10, 2027 or 2027 annual meeting
Restricted stock vesting condition
Transaction code
A (Grant, award, or other acquisition)
Indicates equity award, not open-market trade
Key Terms
restricted stock, 2024 Equity Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock financial
"Includes 4,991 shares of restricted stock, which will vest on the earlier of June 10, 2027..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Equity Incentive Plan financial
"Restricted shares of the Issuer's common stock granted pursuant to the Issuer's 2024 Equity Incentive Plan..."
vest financial
"which will vest on the earlier of (i) June 10, 2027 or (ii) the date of the Issuer's 2027 annual meeting..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the date of the Issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did Astrana Health (ASTH) report for Mitchell W. Kitayama?
Astrana Health reported that director Mitchell W. Kitayama received 4,991 shares of restricted common stock as an equity award. The shares were granted at no cash cost under the 2024 Equity Incentive Plan, increasing his direct holdings to 32,837 shares of common stock.
Was Mitchell W. Kitayama’s Astrana Health (ASTH) award an open-market stock purchase?
No, the 4,991 shares were granted as restricted stock under Astrana Health’s 2024 Equity Incentive Plan at a reported price of $0.00 per share. This reflects a compensation-related equity award, not an open-market purchase or sale on a public securities exchange.
What plan governs the new restricted stock granted at Astrana Health (ASTH)?
The 4,991 restricted shares were granted under Astrana Health’s 2024 Equity Incentive Plan. The footnotes explain that these shares vest on the earlier of June 10, 2027 or the company’s 2027 annual stockholder meeting, aligning the award with director service over that period.