Accendra Health (ACH) EVP Galloway surrenders shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Accendra Health EVP and General Counsel Heath H. Galloway reported a routine tax-related share disposition. On May 18, 2026, 1,822 shares of Accendra Health common stock were surrendered at $2.91 per share to cover tax withholding tied to vesting of restricted stock.
These shares were delivered back to the company rather than sold in the open market. After this transaction, Galloway directly holds 166,306 shares of Accendra Health common stock, showing he retains a substantial equity stake following the tax withholding event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galloway Heath H
Role
EVP,General Counsel & CorpSecy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,822 | $2.91 | $5K |
Holdings After Transaction:
Common Stock — 166,306 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares surrendered for tax withholding: 1,822 shares
Tax-withholding price: $2.91 per share
Shares held after transaction: 166,306 shares
3 metrics
Shares surrendered for tax withholding
1,822 shares
Restricted stock vesting on May 18, 2026
Tax-withholding price
$2.91 per share
Value used for surrendered shares
Shares held after transaction
166,306 shares
Direct holdings after May 18, 2026 disposition
Key Terms
tax withholding obligations, restricted stock, surrendered to the Issuer, Form 4
4 terms
tax withholding obligations financial
"satisfy tax withholding obligations in connection with vesting of restricted stock"
restricted stock financial
"vesting of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
surrendered to the Issuer financial
"Represents shares surrendered to the Issuer to satisfy tax withholding obligations"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Accendra Health (ACH) report for Heath H. Galloway?
Accendra Health reported that EVP and General Counsel Heath H. Galloway surrendered 1,822 shares of common stock at $2.91 per share. The shares were delivered back to the company to satisfy tax withholding obligations from vesting of restricted stock granted to him.
Was the Accendra Health (ACH) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,822 shares were surrendered to Accendra Health to cover tax withholding on vested restricted stock, a common administrative step, rather than sold to third-party buyers in the public market.