Director at Community Healthcare Trust (NYSE: CHCT) awarded 7,661 shares
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Van Horn R. Lawrence
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,661 | $17.23 | $132K |
Holdings After Transaction:
Common Stock — 102,385 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 7,661 shares
Grant price basis: $17.23 per share
Shares held after grant: 102,385 shares
+3 more
6 metrics
Restricted shares granted
7,661 shares
2026 Board retainer grant of common stock
Grant price basis
$17.23 per share
Ten-day average common stock price
Shares held after grant
102,385 shares
Director’s direct common stock holdings post-transaction
Additional stock incentive
60% of retainer value
Extra restricted shares for choosing stock over cash
Restriction period
Three years
Holding period for the restricted stock award
Board retainer form
100% in shares
Director elected full 2026 retainer in restricted stock
Key Terms
restricted stock, Board retainer, ten (10) day average stock price
3 terms
restricted stock financial
"shares of restricted stock with a three-year restriction period"
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.
Board retainer financial
"take 100% of his Board retainer in the form of shares"
ten (10) day average stock price financial
"based upon the ten (10) day average stock price of the common stock"
FAQ
What insider transaction did CHCT director Van Horn R. Lawrence report?
Van Horn R. Lawrence reported receiving 7,661 shares of restricted common stock. These shares were granted as part of his 2026 Board retainer compensation, which he chose to receive entirely in stock instead of cash, with a three-year restriction period on the shares.
How was the grant price determined for the CHCT restricted stock award?
The grant price was based on a ten-day average stock price of $17.23. Community Healthcare Trust Inc used this average common stock price to calculate how many restricted shares matched the total value of the Board retainer and the additional 60% stock incentive.
What restrictions apply to the CHCT restricted stock granted to the director?
The restricted stock carries a three-year restriction period. During this time, the director typically cannot freely transfer or sell the shares, aligning his compensation more closely with longer-term company performance and shareholder interests over that multi-year period.