Director K Ranga Krishnan receives 52,023 RSUs at Community Health Systems (CYH)

Rhea-AI Filing Summary

Krishnan K Ranga reported acquisition or exercise transactions in this Form 4 filing.

Community Health Systems director K Ranga Krishnan received a grant of 52,023 restricted stock units on March 1, 2026. The award increases his directly held restricted stock units to 275,271. These units vest in three equal annual installments and will be settled in common shares, generally after his service as a director ends.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krishnan K Ranga

(Last) (First) (Middle)

4000 MERIDIAN BOULEVARD

(Street)

FRANKLIN TN 37067

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMMUNITY HEALTH SYSTEMS INC [ CYH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								109,143	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	03/01/2026		A		52,023		(1)	(1)	Common Stock	52,023	$0	275,271	D
Stock Units (SU)	$0							(2)	(2)	Common Stock	69,653.39		69,653.39	D

Explanation of Responses:

1. These restricted stock units vest in 1/3 increments on the first, second and third anniversary of the date of grant. Based on the Reporting Person's prior deferral elections pursuant to the terms of the award agreement, these restricted stock units will be settled in shares of the Issuer's common stock on a one-for-one basis upon the Reporting Person's cessation as a director or upon a date or dates previously specified by the Reporting Person.

2. These stock units were accrued under the Issuer's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's director cash compensation and are settled in shares of the Issuer's common stock on a one-for-one basis on the last business day of the calendar quarter following Reporting Person's cessation as a director or upon a date or dates previously specified by the Reporting Person.

	Christopher G. Cobb, Attorney in Fact for K. Ranga Krishnan	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What did Community Health Systems (CYH) disclose in this Form 4 for K Ranga Krishnan?

Community Health Systems reported that director K Ranga Krishnan received 52,023 restricted stock units on March 1, 2026. The filing also updates his post-transaction holdings in restricted stock units, stock units accrued from deferred fees, and common stock.

How many restricted stock units did CYH director K Ranga Krishnan acquire?

K Ranga Krishnan acquired 52,023 restricted stock units. After this award, his directly held restricted stock units total 275,271, reflecting equity-based compensation tied to his role on Community Health Systems’ board of directors rather than an open-market share purchase.

How do the new restricted stock units for CYH’s K Ranga Krishnan vest?

The restricted stock units vest in one-third increments on the first, second, and third anniversaries of the March 1, 2026 grant date. After vesting, they are scheduled to be settled in Community Health Systems common stock, generally following his cessation as a director or pre-selected deferral dates.

When will K Ranga Krishnan’s CYH restricted stock units be settled into common shares?

The restricted stock units will be settled in Community Health Systems common stock on a one-for-one basis. Settlement occurs upon his cessation as a director or on specific dates he previously elected under the award agreement’s deferral provisions.

What are the stock units accrued under CYH’s Directors’ Fees Deferral Plan for K Ranga Krishnan?

Stock units under the Directors’ Fees Deferral Plan were accrued instead of part of his cash director fees. These units are also settled one-for-one in Community Health Systems common stock, typically on the last business day of the calendar quarter after he ceases serving as a director or on elected deferral dates.

Does this CYH Form 4 show any open-market buying or selling by K Ranga Krishnan?

The Form 4 shows a grant of 52,023 restricted stock units to K Ranga Krishnan, categorized as a grant or award acquisition. It does not report any open-market purchase or sale transactions in Community Health Systems common stock by the director.