Community Health Systems (NYSE: CYH) director sells at $2.96
Rhea-AI Filing Summary
COMMUNITY HEALTH SYSTEMS INC (CYH) director William Norris Jennings reported selling 40,000 shares of Common Stock on August 25, 2026 in open market or private transactions at a weighted average price of $2.959 per share, with individual trade prices ranging from $2.945 to $2.975.
After this sale, Jennings directly holds 38,468 shares of Common Stock and restricted stock units representing 275,271 underlying shares. These restricted stock units vest in one-third increments on the first, second and third anniversaries of the grant date and, pursuant to prior deferral elections, will be settled in an equal number of CYH common shares upon his cessation as a director or on previously specified dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares
Net Sell
2 txns
Insider
JENNINGS WILLIAM NORRIS
Role
Director
Sold
40,000 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 40,000 | $2.96 | $118K |
| holding | Restricted Stock Units F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 38,468 shares (Direct);
Restricted Stock Units — 275,271 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price of $2.959 per share. These shares were sold in multiple transactions on 08/25/2026 at prices ranging from $2.945 to $2.975, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. 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.
Key Figures
Shares sold: 40,000 shares of Common Stock
Weighted average sale price: $2.959 per share
Shares held after sale: 38,468 shares of Common Stock
+2 more
5 metrics
Shares sold
40,000 shares of Common Stock
Sale on August 25, 2026 by director William Norris Jennings
Weighted average sale price
$2.959 per share
Weighted average for 40,000 CYH shares sold on August 25, 2026, with trades from $2.945 to $2.975
Shares held after sale
38,468 shares of Common Stock
Direct CYH Common Stock holdings of William Norris Jennings following the sale
Underlying shares for restricted stock units
275,271 shares of Common Stock
Underlying CYH Common Stock tied to restricted stock units held directly
Net buy/sell shares
-40,000 shares
Net share activity reported in the Form 4 transaction summary (net-sell direction)
Key Terms
weighted average price, Restricted Stock Units, deferral elections, cessation as a director
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price of $2.959 per share."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Restricted Stock Units financial
"These restricted stock units vest in 1/3 increments on the first, second and third"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferral elections financial
"Based on the Reporting Person's prior deferral elections pursuant to the terms"
cessation as a director regulatory
"will be settled in shares ... upon the Reporting Person's cessation as a director"
FAQ
What CYH insider activity did William Norris Jennings report on this Form 4?
William Norris Jennings reported a sale of 40,000 shares of COMMUNITY HEALTH SYSTEMS INC (CYH) Common Stock on August 25, 2026, executed in multiple transactions at prices ranging from $2.945 to $2.975 per share, with a weighted average price of $2.959 per share.
What restricted stock unit holdings in CYH does William Norris Jennings report?
William Norris Jennings reports restricted stock units tied to 275,271 underlying CYH Common shares. These units vest in one-third increments on the first, second, and third anniversaries of the grant date and will be settled in shares based on his prior deferral elections.
AI-generated analysis. How Rhea-AI works. Not financial advice.
