Community Health Systems (CYH) director awarded 52,023 restricted stock units in Form 4

Rhea-AI Filing Summary

Hastings Joseph Arthur reported acquisition or exercise transactions in this Form 4 filing.

Community Health Systems director Joseph Arthur Hastings received a grant of 52,023 restricted stock units on Community Health Systems common stock. These units increase his directly held RSU balance to 221,492 units.

The RSUs vest in equal one-third installments on the first, second and third anniversaries of the grant date. According to the award terms, they will be settled in shares of common stock on a one-for-one basis upon his cessation as a director or on dates he previously specified. As of the reported date, he also held 10,792 shares of common stock directly and 6,338 shares indirectly through the Joanne L. Hastings Irrevocable Trust, where he serves as trustee.

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

OMB APPROVAL

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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^*

Hastings Joseph Arthur

(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								10,792	D
Common Stock								6,338	I	by Joanne L. Hastings Irrevocable Trust, Joseph A. Hastings, Trustee

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	221,492	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.

	Christopher G. Cobb, Attorney in Fact for Joseph A. Hastings	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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did CYH director Joseph Arthur Hastings report in this Form 4 filing?

Joseph Arthur Hastings reported receiving a grant of 52,023 restricted stock units tied to Community Health Systems common stock. The filing also updates his direct and indirect common share holdings as of the transaction date, reflecting current equity alignment with the company.

How many restricted stock units did CYH grant to director Joseph Arthur Hastings?

Community Health Systems granted Joseph Arthur Hastings 52,023 restricted stock units. After this award, his directly held restricted stock unit balance increased to 221,492 units, indicating a substantial portion of his compensation is structured as equity linked to the company’s future performance.

When do Joseph Arthur Hastings’ new CYH restricted stock units vest?

The new restricted stock units vest in three equal installments on the first, second and third anniversaries of the grant date. This staged vesting schedule encourages ongoing board service and long-term alignment between the director’s compensation and Community Health Systems’ multi-year performance.

How and when will the CYH restricted stock units be settled for Joseph Arthur Hastings?

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 future dates he previously elected, deferring actual share delivery while maintaining long-term equity exposure.

What are Joseph Arthur Hastings’ CYH share holdings after this Form 4 transaction?

After the reported grant, Joseph Arthur Hastings holds 221,492 restricted stock units directly, 10,792 shares of Community Health Systems common stock directly, and 6,338 shares indirectly through the Joanne L. Hastings Irrevocable Trust, where he is trustee overseeing those trust-held shares.

How is the Joanne L. Hastings Irrevocable Trust related to Joseph Arthur Hastings’ CYH holdings?

An indirect holding of 6,338 Community Health Systems common shares is reported through the Joanne L. Hastings Irrevocable Trust. Joseph Arthur Hastings is identified as trustee, meaning those particular shares are held by the trust entity rather than as part of his direct personal share account.