CROSS COUNTRY HEALTHCARE (NASDAQ: CCRN) CFO awarded 47,873 RS shares, 5,313 withheld for taxes
Rhea-AI Filing Summary
CROSS COUNTRY HEALTHCARE INC Chief Financial Officer William J. Burns reported routine equity compensation and related tax withholding transactions in company stock. He received a grant of 47,873 restricted shares of common stock at no cost, which vest in three substantially equal installments on March 31, 2027, March 31, 2028, and March 31, 2029.
To cover tax obligations on restricted stock that vested on March 31, 2026, 2,423 shares and 2,890 shares of common stock were withheld at a value of $9.40 per share. After these transactions, Burns directly holds 336,438 shares of CROSS COUNTRY HEALTHCARE INC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,560 shares
Net Buy
3 txns
Insider
Burns William J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 47,873 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,423 | $9.40 | $23K |
| Exercise Price or Tax Liability | Common Stock | 2,890 | $9.40 | $27K |
Holdings After Transaction:
Common Stock — 336,438 shares (Direct)
Footnotes (2)
- F1. These restricted shares of common stock vest in three substantially equal installments. The installments will vest on March 31, 2027, March 31, 2028 and March 31, 2029.
- F2. These shares were withheld to satisfy tax withholding obligations for restricted stock which vested on March 31, 2026.
Key Figures
Restricted stock grant: 47,873 shares
Tax-withholding shares: 2,423 shares
Additional tax-withholding shares: 2,890 shares
+3 more
6 metrics
Restricted stock grant
47,873 shares
Common Stock awarded to CFO on March 31, 2026
Tax-withholding shares
2,423 shares
Withheld at $9.40 per share for tax obligations
Additional tax-withholding shares
2,890 shares
Withheld at $9.40 per share for tax obligations
Total shares withheld for taxes
5,313 shares
Tax withholding on vested restricted stock March 31, 2026
Post-transaction holdings
336,438 shares
CFO’s direct ownership after reported transactions
Tax withholding price
$9.40 per share
Value used for tax-withholding dispositions
Key Terms
restricted shares of common stock, vest, tax withholding obligations, Grant, award, or other acquisition, +1 more
5 terms
vest financial
"The installments will vest on March 31, 2027, March 31, 2028 and March 31, 2029."
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.
tax withholding obligations financial
"These shares were withheld to satisfy tax withholding obligations for restricted stock which vested on March 31, 2026."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CCRN CFO William J. Burns report on this Form 4?
William J. Burns reported receiving 47,873 restricted shares of CROSS COUNTRY HEALTHCARE INC common stock and two tax-withholding dispositions totaling 5,313 shares. These actions reflect routine equity compensation and related tax withholding rather than open-market buying or selling activity.