NRC Health (NRC) grants director Penny Ann Wheeler 7,697 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wheeler Penny Ann reported acquisition or exercise transactions in this Form 4 filing.
NRC Health director Penny Ann Wheeler reported receiving an annual equity grant of 7,697 shares of common stock as restricted stock units valued at $150,000. The award represents annual equity compensation under NRC Health’s 2025 Omnibus Incentive Plan and was granted at no cash cost to her. These units will vest and become exercisable on the date of the company’s 2027 annual stockholder meeting, subject to standard vesting, forfeiture, and termination conditions, leaving her with 7,697 shares reported as directly owned after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wheeler Penny Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,697 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,697 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 7,697 shares
Award value: $150,000
Grant price per share: $0.0000 per share
+3 more
6 metrics
Shares granted
7,697 shares
Restricted stock unit grant on 2026-06-23
Award value
$150,000
Annual equity compensation under 2025 Omnibus Incentive Plan
Grant price per share
$0.0000 per share
Compensation grant, not market purchase
Shares owned after grant
7,697 shares
Total common stock reported as directly owned post-transaction
Transaction code
A
Grant, award, or other acquisition of common stock
Vesting date
2027 annual stockholder meeting
RSUs vest and become exercisable at this meeting
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, annual equity compensation
3 terms
restricted stock units financial
"This share award represents annual equity compensation in the form of a grant of restricted stock units equal to $150,000"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Omnibus Incentive Plan financial
"under the Issuer's 2025 Omnibus Incentive Plan. The award will vest and become exercisable"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
annual equity compensation financial
"This share award represents annual equity compensation in the form of a grant of restricted stock units"
FAQ
What did NRC (NRC) director Penny Ann Wheeler report in this Form 4?
Director Penny Ann Wheeler reported receiving 7,697 shares of NRC Health common stock as a restricted stock unit grant. The award represents her annual equity compensation valued at $150,000 under the company’s 2025 Omnibus Incentive Plan and was granted at no cash cost.
What is the value of Penny Ann Wheeler’s NRC Health equity award?
The equity award to Penny Ann Wheeler is valued at $150,000, determined by dividing that amount by the closing share price before NRC Health’s 2026 annual meeting. This value sets the number of restricted stock units granted, which total 7,697 shares of common stock.
When do Penny Ann Wheeler’s NRC Health restricted stock units vest?
Penny Ann Wheeler’s restricted stock units will vest and become exercisable on the date of NRC Health’s 2027 annual stockholder meeting. Vesting is subject to standard provisions on vesting, forfeiture, and termination described in the company’s 2025 Omnibus Incentive Plan and award terms.
Is Penny Ann Wheeler’s NRC Health Form 4 transaction an open-market purchase?
No, the transaction is not an open-market purchase. It is coded as an “A” transaction, meaning a grant or award acquisition. The 7,697 NRC Health shares were granted as compensation with a reported price of $0.0000 per share, rather than being bought in the market.