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
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