Director at Community Health (NYSE: CYH) awarded 52,023 restricted units

Rhea-AI Filing Summary

BURGESS RONALD L JR reported acquisition or exercise transactions in this Form 4 filing.

COMMUNITY HEALTH SYSTEMS INC director Ronald L. Burgess Jr. received a grant of 52,023 restricted stock units on March 1, 2026. These units vest in one-third increments on the first, second and third anniversaries of the grant date.

According to his prior deferral elections, the restricted stock units will be settled in an equal number of shares of common stock upon his cessation as a director or on specified future dates. After this grant, he directly held 174,542 restricted stock units and no shares of common stock.

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^*

BURGESS RONALD L JR

(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								0	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	174,542	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 Ronald L. Burgess, Jr.	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did CYH director Ronald L. Burgess Jr. report?

Ronald L. Burgess Jr., a director of COMMUNITY HEALTH SYSTEMS INC (CYH), reported receiving 52,023 restricted stock units on March 1, 2026. This was a grant or award transaction, not an open-market stock purchase or sale.

How many restricted stock units did the CYH director hold after this Form 4?

After the March 1, 2026 grant, Ronald L. Burgess Jr. directly held 174,542 restricted stock units of COMMUNITY HEALTH SYSTEMS INC. This total includes the newly awarded 52,023 units and represents his direct derivative equity holdings in the company.

What are the vesting terms of the CYH director’s 52,023 restricted stock units?

The 52,023 restricted stock units awarded to the CYH director vest in one-third increments on the first, second and third anniversaries of the grant date. This creates a three-year vesting schedule tied to continued service as a director.

When will the CYH restricted stock units be settled into common shares?

The restricted stock units will be settled in shares of COMMUNITY HEALTH SYSTEMS INC common stock on a one-for-one basis upon Ronald L. Burgess Jr.’s cessation as a director or on dates he previously specified in deferral elections.

Did the CYH director hold any common stock directly after this Form 4?

Following the reported transactions, Ronald L. Burgess Jr. held zero shares of COMMUNITY HEALTH SYSTEMS INC common stock directly. His disclosed equity interest consisted solely of 174,542 restricted stock units as of the filing.