CROSS COUNTRY (NASDAQ: CCRN) executive gets 21,024 RSUs, 2,462 shares withheld for tax
Rhea-AI Filing Summary
CROSS COUNTRY HEALTHCARE INC Group President, Delivery Marc S. Krug reported equity compensation activity involving the company’s common stock. He received a grant of 21,024 restricted shares that vest in three substantially equal installments on March 31, 2027, March 31, 2028 and March 31, 2029.
On the same date, 1,123 shares and 1,339 shares were withheld at a price of $9.40 per share to cover tax withholding obligations for restricted stock that vested on March 31, 2026. After these transactions, Krug directly owns 77,232 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,562 shares
Net Buy
3 txns
Insider
Krug Marc S.
Role
Group President, Delivery
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,024 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,123 | $9.40 | $11K |
| Exercise Price or Tax Liability | Common Stock | 1,339 | $9.40 | $13K |
Holdings After Transaction:
Common Stock — 77,232 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: 21,024 shares
Tax withholding shares: 2,462 shares
Withholding price: $9.40 per share
+2 more
5 metrics
Restricted stock grant
21,024 shares
Common stock granted March 31, 2026
Tax withholding shares
2,462 shares
Withheld to satisfy tax obligations on March 31, 2026
Withholding price
$9.40 per share
Price used for tax-withholding dispositions
Post-transaction holdings
77,232 shares
Direct common stock ownership after March 31, 2026 transactions
First vesting date
March 31, 2027
First of three vesting installments for restricted shares
Key Terms
restricted shares of common stock, vest, tax withholding obligations, tax-withholding disposition, +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."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CCRN executive Marc S. Krug report?
Marc S. Krug reported a grant of 21,024 restricted shares of CROSS COUNTRY HEALTHCARE INC common stock and two tax-related share withholdings totaling 2,462 shares at $9.40 per share, all dated March 31, 2026.
What are the vesting terms of Marc S. Krug’s new CCRN restricted stock?
The 21,024 restricted shares of CROSS COUNTRY HEALTHCARE INC common stock granted to Marc S. Krug vest in three substantially equal installments on March 31, 2027, March 31, 2028 and March 31, 2029, according to the Form 4 footnote.
Were Marc S. Krug’s CCRN Form 4 transactions open-market buys or sells?
The Form 4 shows a grant of 21,024 restricted shares and two F-code tax-withholding dispositions totaling 2,462 shares at $9.40 per share. These are compensation and tax events, not open-market purchases or sales of CROSS COUNTRY HEALTHCARE INC stock.