CYH director awarded 52,023 restricted stock units
JENNINGS WILLIAM NORRIS reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
JENNINGS WILLIAM NORRIS reported acquisition or exercise transactions in this Form 4 filing.
COMMUNITY HEALTH SYSTEMS INC director William Norris Jennings reported an award of restricted stock units. He received 52,023 Restricted Stock Units on March 1, 2026 as a grant at no cash cost. These units vest in three equal installments on the first, second, and third anniversaries of the grant date.
According to his prior deferral elections, the units will be settled in an equal number of Community Health Systems common shares when he ceases to be a director or on previously specified dates. After this award, he directly holds 275,271 restricted stock units and 78,468 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 52,023 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
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