RHE CEO Morrison Boosts Stake with $500K+ Stock Package Ahead of 2026
Rhea-AI Filing Summary
Brent Morrison, CEO, President and Director of Regional Health Properties (NYSE: RHE), reported significant insider transactions on June 20, 2025:
- Exercised two stock options: - 24,000 shares at $3.32 per share - 24,000 shares at $2.03 per share
- Received a grant of 65,000 restricted shares as 2023 bonus compensation, vesting in equal installments on June 20, 2026 and 2027
- Following these transactions, Morrison now beneficially owns: - 198,047 shares directly - 2,272 shares indirectly through an IRA
The exercised options included a fully vested grant from January 2023 and another grant from January 2024 that completed vesting in January 2025. This significant increase in direct ownership demonstrates long-term commitment from the company's chief executive.
Positive
- CEO Brent Morrison received a significant equity grant of 65,000 restricted shares as 2023 bonus, demonstrating long-term alignment with shareholders
- CEO exercised options for 48,000 shares at prices of $3.32 and $2.03, increasing direct ownership to 198,047 shares, showing confidence in company
Negative
- None.
Insider Trade Summary
Net Buyer: 113,000 shares
Net Buy
6 txns
Insider
Morrison Brent
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 24,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) | 24,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 24,000 | $3.32 | $80K |
| Exercise | Common Stock | 24,000 | $2.03 | $49K |
| Grant/Award | Common Stock | 65,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 198,047 shares (Direct);
Common Stock — 2,272 shares (Indirect, By IRA)
Footnotes (3)
- F1. Grant of restricted stock that was awarded to the reporting person for his 2023 bonus. The restricted stock will vest in two equal installments on June 20, 2026 and June 20, 2027.
- F2. The stock option vested in its entirety upon grant.
- F3. 11,250 shares underlying this stock option vested on the grant date of January 1, 2024. The remaining 12,750 shares underlying the stock option vested on January 1, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the vesting schedule for RHE CEO's new restricted stock grant?
The 65,000 shares of restricted stock granted to CEO Brent Morrison will vest in two equal installments: 32,500 shares on June 20, 2026, and 32,500 shares on June 20, 2027.
What was the exercise price of RHE stock options exercised by the CEO?
CEO Brent Morrison exercised two sets of stock options: 24,000 shares at an exercise price of $3.32 per share and another 24,000 shares at $2.03 per share.
What positions does Brent Morrison hold at Regional Health Properties (RHE)?
Brent Morrison serves as both the CEO and President of Regional Health Properties (RHE), and he is also a member of the company's Board of Directors.