Community Healthcare Trust director granted shares
Van Horn R. Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Van Horn R. Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Community Healthcare Trust Inc director Van Horn R. Lawrence received a grant of 7,661 shares of restricted common stock as part of his 2026 Board retainer. He elected to take 100% of his retainer in stock instead of cash, and the company awarded additional restricted shares equal to 60% of the retainer’s value.
The grant price was based on a ten-day average stock price of $17.23, and the restricted shares carry a three-year restriction period. Following this award, he directly holds 102,385 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,661 | $17.23 | $132K |
Footnotes (1)
- F1. For 2026, the reporting person elected to take 100% of his Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take his Board retainer for 2026 in shares of restricted stock in lieu of cash, the Company awarded him additional shares of restricted stock, equal to 60% of the value of the Board retainer. The price of the securities acquired by the reporting person with respect to the Board retainer is based upon the ten (10) day average stock price of the common stock, which is equal to $17.23. The number of securities issued is equal to the total value of the Board retainer plus the value of the additional shares divided by such 10-day average stock price.
Key Figures
Key Terms
restricted stock financial
Board retainer financial
ten (10) day average stock price financial
FAQ
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What insider transaction did CHCT director Van Horn R. Lawrence report?
How was the grant price determined for the CHCT restricted stock award?
What restrictions apply to the CHCT restricted stock granted to the director?
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