MD Director Transfers 54,646 Shares to Living Trust — Form 4
Rhea-AI Filing Summary
Pediatrix Medical Group insider transfer disclosure. Thomas McEachin, a director, reported transfers of common stock on August 19 and August 20, 2025. The filings show 54,021 shares were transferred on August 19, 2025, and 625 shares on August 20, 2025, each reported as dispositions at $0. After the transactions the report lists 11,427 shares held directly and 54,646 shares held indirectly by the Thomas A. McEachin Living Trust dated April 17, 2025. The Form 4 was executed by an attorney-in-fact and signed on August 21, 2025. The reporting person and spouse are identified as trustees and beneficiaries of the trust that holds the reported securities.
Positive
- Disclosed transfers of 54,021 and 625 shares into the Thomas A. McEachin Living Trust
- Form 4 filed and signed with explanatory footnotes detailing trusteeship and beneficiary status
Negative
- None.
Insights
TL;DR: Director transferred substantial shares into a family trust; disclosure updates direct and indirect holdings.
The Form 4 shows two non-derivative dispositions totaling 54,646 shares moved from direct ownership into an entity identified as the Thomas A. McEachin Living Trust. Reported prices are $0 indicating transfers to an affiliated trust rather than open-market sales. The filing updates beneficial ownership: direct holdings are listed as 11,427 shares and indirect holdings via trust as 54,646. For investors, this is a governance/ownership disclosure without reported cash proceeds or option activity; its materiality is primarily around ownership structure rather than company operating performance.
TL;DR: Transfers documented to a living trust with the reporting person and spouse as trustees/beneficiaries; Form 4 properly filed and signed.
The document explicitly states the reporting person and spouse serve as trustees and beneficiaries of the trust receiving the shares. Two separate transfer events are dated August 19 and August 20, 2025, and the Form 4 includes an explanatory footnote confirming trust ownership. The signature block shows an attorney-in-fact executed the filing on August 21, 2025. This is a routine ownership reclassification disclosed under Section 16 rules rather than an operational disclosure.