Community Health Systems (CYH) director adds stock through RSU grant and conversions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Community Health Systems Inc. director Elizabeth T. Hirsch reported multiple equity transactions on March 1, 2026. She exercised or converted restricted stock units into common stock in three blocks of 9,756, 20,906 and 19,933 shares at $0.00 per share, increasing her direct common share holdings.
Hirsch was also granted or awarded 52,023 restricted stock units, which vest in one-third increments on the first, second and third anniversaries of the grant date. According to the filing, restricted stock units convert to common stock on a one-to-one basis, and 34,483 restricted stock units are shown as held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,595 shares exercised/converted
Mixed
8 txns
Insider
Hirsch Elizabeth T
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 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 121,220 shares (Direct)
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.
FAQ
What insider transactions did CYH director Elizabeth T. Hirsch report?
Elizabeth T. Hirsch reported only acquisition-related transactions. She exercised or converted restricted stock units into common stock in three blocks of 9,756, 20,906 and 19,933 shares, and received a grant of 52,023 restricted stock units, with no sales reported in this filing.
How many restricted stock units were granted to the CYH director in this Form 4?
The filing shows a grant of 52,023 restricted stock units. These units vest in one-third increments on the first, second and third anniversaries of the grant date and will be settled in shares of Community Health Systems common stock on a one-for-one basis upon vesting or specified settlement events.
What is the conversion ratio of CYH restricted stock units to common stock?
Each restricted stock unit converts into one share of common stock. The footnotes specify that the security converts to common stock on a one-to-one basis, meaning every vested restricted stock unit will be settled in a single share of Community Health Systems common stock when delivered.
How many CYH restricted stock units does the director hold after these transactions?
The filing shows 34,483 restricted stock units held directly after the transactions. This holding reflects the restricted stock unit position as of the reported date, separate from the director’s common stock holdings, and will convert into common shares on a one-for-one basis when settled.
What vesting schedule applies to the newly granted CYH restricted stock units?
The new restricted stock units vest in three equal annual installments. They vest in one-third increments on the first, second and third anniversaries of the grant date, and once vested, will be settled in Community Health Systems common stock on a one-for-one basis.