RHEP CEO Brent Morrison buys common and preferred
REGIONAL HEALTH PROPERTIES, INC director and CEO Brent Morrison reported open-market purchases of both preferred and common shares.
Rhea-AI Filing Summary
REGIONAL HEALTH PROPERTIES, INC director and CEO Brent Morrison reported open-market purchases of both preferred and common shares. Through an IRA, he bought 12,000 Series D 8% Cumulative Convertible Redeemable Preferred Shares at a weighted average price of $2.01 per share and 5,000 shares of common stock at a weighted average price of $1.27 per share. After these trades, he indirectly holds 11,300 Series D preferred shares and 7,272 common shares via the IRA, and directly holds 309,499 common shares. The filing notes that each purchase was executed in multiple trades within stated price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,000 shares
Net Buy
3 txns
Insider
Morrison Brent
Role
CEO and President
Bought
17,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series D 8% Cumulative Conver Redeemable Preferred Shares | 12,000 | $2.01 | $24K |
| Purchase | Common Stock | 5,000 | $1.27 | $6K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,272 shares (Indirect, By IRA);
Series D 8% Cumulative Conver Redeemable Preferred Shares — 11,300 shares (Indirect, By IRA);
Common Stock — 309,499 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $1.22 to $1.34. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
- F2. This transaction was executed in multiple trades at prices ranging from $1.98 to $2.01. The price reported in Column 4 is a weighted average price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Series D preferred purchased: 12,000 shares at $2.01/share
Common stock purchased: 5,000 shares at $1.27/share
Common shares held directly: 309,499 shares
+5 more
8 metrics
Series D preferred purchased
12,000 shares at $2.01/share
Open-market buy via IRA on 2026-05-21
Common stock purchased
5,000 shares at $1.27/share
Open-market buy via IRA on 2026-05-20
Common shares held directly
309,499 shares
Total common stock after transactions
Common shares held via IRA
7,272 shares
Indirect common stock ownership after transactions
Series D preferred held via IRA
11,300 shares
Indirect preferred ownership after transactions
Net shares bought
17,000 shares
Net buy across reported transactions
Common trade price range
$1.22–$1.34
Multiple trades underlying $1.27 weighted average
Preferred trade price range
$1.98–$2.01
Multiple trades underlying $2.01 weighted average
Key Terms
open-market purchase, Series D 8% Cumulative Conver Redeemable Preferred Shares, weighted average price, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"ownership_type": "indirect""
IRA financial
"nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RHEP CEO Brent Morrison report on this Form 4?
Brent Morrison reported buying 12,000 Series D 8% Cumulative Convertible Redeemable Preferred Shares at $2.01 and 5,000 common shares at $1.27 per share, both as open-market purchases executed through an IRA over multiple trades within disclosed price ranges.
How were the RHEP insider purchase prices for Brent Morrison’s trades determined?
The reported prices are weighted averages for trades executed in multiple transactions. Common stock purchases occurred between $1.22 and $1.34, averaged to $1.27, while preferred purchases ranged from $1.98 to $2.01, averaged to $2.01, with full trade details available upon request.
Is Brent Morrison’s ownership in REGIONAL HEALTH PROPERTIES held directly or through an IRA?
The Form 4 shows both direct and indirect ownership. Morrison directly holds 309,499 common shares, while an IRA holds 7,272 common shares and 11,300 Series D preferred shares, classified as indirect ownership with the nature of ownership specifically noted as “By IRA.”
AI-generated analysis. How Rhea-AI works. Not financial advice.
