CHCT director granted 6,036 restricted shares
Community Healthcare Trust Inc director Cathrine Cotman received an equity-based Board retainer for 2026.
Rhea-AI Filing Summary
Community Healthcare Trust Inc director Cathrine Cotman received an equity-based Board retainer for 2026. She acquired 6,036 shares of common stock as a grant at an implied value of $17.23 per share, structured as restricted stock with a three-year restriction period, bringing her direct holdings to 49,893 shares. She elected to take 100% of her 2026 Board retainer in restricted stock instead of cash, and the company granted additional restricted shares equal to 60% of the retainer’s value, calculated using the 10-day average stock price.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,036 | $17.23 | $104K |
Footnotes (1)
- F1. For 2026, the reporting person elected to take 100% of her Board retainer in the form of shares of restricted stock with a three-year restriction period. Because the reporting person elected to take her Board retainer for 2026 in shares of restricted stock in lieu of cash, the Company awarded her 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
grant, award, or other acquisition regulatory
FAQ
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What did Community Healthcare Trust (CHCT) director Cathrine Cotman report on this Form 4?
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