Community Health Systems (NYSE: CYH) director boosts stake with stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMMUNITY HEALTH SYSTEMS INC director James S. Ely III reported multiple equity transactions involving restricted stock units and common shares of CYH.
On March 1, 2026, he exercised several blocks of restricted stock units, receiving matching amounts of common stock at a price of $0.00 per share, which increased his direct common stock holdings to 412,876 shares. He also received a new grant of 52,023 restricted stock units that will settle in common stock under the company’s award terms.
Following these transactions, he directly holds 53,779 restricted stock units and 13,085.472 stock units under a directors’ fee deferral plan, each convertible into common stock on a one-for-one basis under specified conditions. In addition, 4,990 common shares are held indirectly through E5 Investors LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,595 shares exercised/converted
Mixed
10 txns
Insider
Ely James S. III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,756 | $0.00 | -- |
| Exercise | Restricted Stock Units | 20,906 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,933 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 52,023 | $0.00 | -- |
| Exercise | Common Stock | 9,756 | $0.00 | -- |
| Exercise | Common Stock | 20,906 | $0.00 | -- |
| Exercise | Common Stock | 19,933 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Units (SU) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 372,037 shares (Direct);
Stock Units (SU) — 13,085.472 shares (Direct);
Common Stock — 4,990 shares (Indirect, By E5 Investors LLC)
Footnotes (1)
- The security converts to common stock on a one-to-one basis. These restricted stock units vest in 1/3 increments on the first, second and third anniversary of the date of the grant. Upon vesting, these restricted stock units will be settled in shares of the Issuer's common stock on a one-for-one basis. These restricted stock units vested 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. 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.
FAQ
What insider transactions did James S. Ely III report for CYH?
James S. Ely III reported exercising several restricted stock unit awards into common stock and receiving a new grant of 52,023 restricted stock units. These transactions increased his direct share ownership and added new equity-based awards that will settle in Community Health Systems common stock under award terms.
What new awards did James S. Ely III receive from Community Health Systems (CYH)?
James S. Ely III received a grant of 52,023 restricted stock units with a conversion into common stock on a one-for-one basis. The footnotes explain these units vest in one-third increments on the first, second and third anniversaries of the grant date, subject to award terms.
What equity-based holdings does James S. Ely III still have in CYH after exercising RSUs?
Following the exercises, he directly holds 53,779 restricted stock units and 13,085.472 stock units under the Directors’ Fees Deferral Plan. Both instruments are settled in Community Health Systems common stock on a one-for-one basis upon specified vesting or deferral conditions described in the plan.
How are James S. Ely III’s deferred CYH stock units structured?
The filing states that certain restricted stock units and stock units were accrued under a directors’ deferral plan instead of cash fees. These units convert into Community Health Systems common stock on a one-for-one basis upon his cessation as a director or at dates he previously elected.
What indirect ownership in CYH does James S. Ely III report?
In addition to his directly held shares and units, James S. Ely III reports 4,990 shares of Community Health Systems common stock held indirectly through E5 Investors LLC. The filing characterizes this position as indirect ownership, separate from his direct personal holdings in the company.