Regional Health SEC Filings

Christian Winkle, a director of Regional Health Properties, Inc. (RHEP), filed an Initial Statement of Beneficial Ownership reporting zero shares of common stock beneficially owned. The Form 3 lists the event date as 08/14/2025 and bears the reporting signature dated 08/25/2025. The filing indicates the form was submitted by one reporting person and shows no derivative securities reported.

Paul Jason O'Sullivan, Senior Vice President of Regional Health Properties, Inc. (RHE) reported changes in his beneficial ownership on a Form 4. The filing shows a disposition of 51,130 shares of common stock (reported as D) and three purchase transactions: 10,600 shares on 08/18/2025 at a weighted average $1.85, 5,600 shares on 08/19/2025 at a weighted average $1.92, and 3,800 shares on 08/20/2025 at $1.80. After these purchases the reporting person beneficially owns 33,500 shares indirectly (noted "By IRA"). The filing includes explanatory notes that the reported purchase prices are weighted averages from multiple trades.

Gene E. Burleson, a director of Regional Health Properties (RHE), acquired equity and preferred shares as a result of a merger conversion dated 08/14/2025. At the stated conversion ratio, each five pre-merger SunLink shares held by the reporting person converted into 1.1330 shares of Regional common stock and one share of Series D 8% cumulative convertible redeemable participating preferred stock. Following the conversion transactions the reporting person directly beneficially owned 3,253 common shares and 2,871 Series D preferred shares, with additional indirect holdings through an IRA and the Eugene E. Burleson Family Trust totaling 13,628 common shares and 12,049 Series D preferred shares.

Robert M. Thornton, Jr. filed a Schedule 13D reporting beneficial ownership of 269,060 shares of Regional Health Properties, Inc. (RHE), equal to 6.94% of 3,834,846 outstanding common shares as of August 19, 2025. His ownership includes 100,000 shares held directly, 125,663 held by CareVest Capital, LLC (of which he is the 100% owner), 1,133 held in an IRA, and common-equivalent shares underlying Series D Preferred Stock (41,887 via CareVest and 377 via IRA). Holdings arose from the Merger with SunLink, where SunLink shares were converted into common stock and Series D Preferred Stock. Thornton is EVP - Corporate Strategy and received a 100,000-share restricted stock award vesting in equal installments over three years. The Series D Preferred Stock carries a $12.50 liquidation preference, an 8% dividend and an initial conversion ratio of 1.1330 common shares per three preferred shares. Thornton discloses no current plans to effect extraordinary corporate actions.

Charles Frischer reports beneficial ownership of 138,300 Series D preferred shares of Regional Health Properties, Inc., equal to 9.8% of the class based on 1,408,120 outstanding shares as reported by the issuer. Most of these preferred shares were received through the conversion of 169,544 SunLink common shares in connection with a merger; an additional 18,499 shares were purchased in the market at $4.14 per share. Total consideration included $76,585.86 in cash plus the SunLink shares. Mr. Frischer states his investment objective is profit and may engage with management or seek board representation or other actions depending on circumstances.

Steven J. Baileys, a director of Regional Health Properties, Inc. (RHE), reported receipt of shares following a merger with SunLink Health Systems. On 08/14/2025 Mr. Baileys was allocated 124,911 shares of Regional common stock directly and 110,248 shares of Series D 8% Cumulative Convertible Redeemable Participating Preferred Shares directly. Additional indirect holdings were reported: 11,330 common and 10,000 Series D preferred as trustee for Jeremy Baileys, 11,330 common and 10,000 Series D preferred as trustee for Alison Brooke Baileys, 40,788 common and 36,000 Series D preferred held by an IRA, and 362 common and 320 Series D preferred held by spouse. The filing explains that at the merger effective time each five SunLink common shares converted into 1.1330 Regional common shares plus one Series D preferred share. The form is signed by Mr. Baileys on 08/18/2025.

Robert M. Thornton Jr., EVP - Corporate Strategy of Regional Health Properties, Inc. (RHE), reported multiple equity acquisitions on 08/14/2025. He received a grant of 100,000 restricted shares as an inducement to employment that vest in three equal installments on 08/14/2025, 08/14/2026 and 08/14/2027. At the effective time of a merger between SunLink Health Systems, Inc. and Regional, Mr. Thornton’s SunLink holdings converted into 1.1330 Regional common shares per 5 SunLink shares and one Series D preferred share per 5 SunLink shares, resulting in reported additions of 125,663 common shares and 110,912 Series D preferred shares. He also reports shares held indirectly through CareVest Capital, L.L.C., which he fully owns.

Mark J. Stockslager, Chief Financial Officer of Regional Health Properties, Inc. (RHE), reported ownership changes arising from the merger between SunLink Health Systems, Inc. and Regional. At the merger effective time, each five SunLink common shares held by Stockslager converted into 1.1330 Regional common shares and one share of Regional Series D 8% Cumulative Convertible Redeemable Participating Preferred. The Form 4 reports that on 08/14/2025 Stockslager acquired 24,484 shares of Regional common stock and 21,610 shares of the Series D preferred, with all holdings listed as directly beneficially owned following the transaction. The filing is signed 08/18/2025.

Steven J. Baileys, a director of Regional Health Properties, Inc. (RHEP), filed an Initial Statement of Beneficial Ownership (Form 3) reporting 0 shares of common stock owned. The event date is 08/14/2025 and the form is signed on 08/18/2025. The filing indicates the form was filed by one reporting person and shows no derivative securities or indirect ownership disclosed.