Galloway Heath H 4
4 · ACCENDRA HEALTH INC/VA/ · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Accendra Health (ACH) EVP Galloway Surrenders 9,347 Shares for Taxes
What Happened Heath H. Galloway, EVP, General Counsel & Corporate Secretary of Accendra Health (ACH), surrendered 9,347 shares on 2026-03-20 to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $2.03 each, for a total of approximately $18,974. This was a tax-withholding surrender related to award vesting, not an open-market sale.
Key Details
- Transaction date and price: 2026-03-20, 9,347 shares at $2.03 per share (total ≈ $18,974).
- Transaction type: F — shares surrendered to issuer to satisfy tax withholding on vested restricted stock (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing date: 2026-03-24 (the Form 4 was filed four days after the reported transaction date; this appears to be one business day late under the standard 2-business-day Form 4 deadline).
Context
- This was a routine tax-withholding action (often called a "cashless surrender") associated with RSU vesting and does not represent a discretionary sale or purchase signal by the insider.
- Such transactions are common when restricted stock vests and should be interpreted as administrative rather than an expression of bullish or bearish sentiment.
Insider Transaction Report
Form 4
Galloway Heath H
EVP,General Counsel & CorpSecy
Transactions
- Tax Payment
Common Stock
[F1]2026-03-20$2.03/sh−9,347$18,974→ 169,094 total
Footnotes (1)
- [F1]Represents shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock granted to the Reporting Person.
Signature
Heath H. Galloway by Rosemarie France, POA|2026-03-24