Regional Health (RHEP) CEO adds common and preferred shares
Rhea-AI Filing Summary
REGIONAL HEALTH PROPERTIES, INC CEO and President Brent Morrison reported multiple insider purchases. Through an IRA, he bought 5,000 shares of common stock on June 5, 2026 at $1.15 per share and 10,000 common shares on May 29, 2026 at $1.18 per share in open-market transactions.
He also purchased 5,000 shares of Series D 8% Cumulative Convertible Redeemable Preferred Shares on May 27, 2026 at $2.02 per share through the same IRA. After these trades, the IRA holds 22,272 common shares and 17,000 preferred shares, while a separate direct holding shows 309,499 common shares as of May 27, 2026.
Positive
- None.
Negative
- None.
Insights
CEO is a net buyer, adding modest exposure via IRA.
CEO Brent Morrison executed open-market purchases totaling 15,000 common shares at prices of $1.15 and $1.18, plus 5,000 Series D preferred shares at $2.02. These are discretionary buys rather than option exercises or tax-related moves.
The filing also shows a sizable direct position of 309,499 common shares as of May 27, 2026, so the 20,000 newly purchased securities represent a relatively small percentage of his overall exposure. Overall, this looks like routine incremental insider buying rather than a thesis-changing transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $1.15 | $6K |
| Purchase | Common Stock | 10,000 | $1.18 | $12K |
| Purchase | Series D 8% Cumulative Conv. Redeemable Preferred Shares | 5,000 | $2.02 | $10K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $1.15 to $1.20. 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 affected
Key Figures
Key Terms
open-market purchase financial
indirect ownership financial
IRA financial
Form 4 regulatory
FAQ
What did RHEP CEO Brent Morrison buy in this Form 4 filing?
At what prices did Brent Morrison purchase RHEP common stock?
What are Brent Morrison’s indirect IRA holdings in RHEP after these trades?
Were Brent Morrison’s RHEP purchases part of an option exercise or a tax event?
AI-generated analysis. How Rhea-AI works. Not financial advice.