Bernocchi Perry A 4
4 · ACCENDRA HEALTH INC/VA/ · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Accendra Health (ACH) COO Perry Bernocchi Surrenders 20,841 Shares
What Happened
Perry A. Bernocchi, Chief Operating Officer of Accendra Health Inc (ACH), surrendered 20,841 shares to the company 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 $42,307. This was not an open-market sale but a routine tax-withholding share surrender following a grant vesting.
Key Details
- Transaction date: 2026-03-20; filing date (Form 4): 2026-03-24 (timely filed).
- Price per share: $2.03; total value surrendered: $42,307.
- Shares surrendered: 20,841 (Transaction code F — tax withholding).
- Shares owned after transaction: not reported in the filing.
- Footnote: F1 — shares were surrendered to the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock.
Context
A surrender of shares for tax withholding is a common administrative step when restricted stock vests; it does not represent a discretionary sale of additional holdings and generally should not be read as a standalone signal of insider sentiment. This transaction reflects tax settlement on an equity award rather than a market purchase or sale for cash.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-20$2.03/sh−20,841$42,307→ 321,821 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.