Pesicka Edward A 4
Research Summary
AI-generated summary
Accendra Health CEO Edward Pesicka Surrenders 17,692 Shares
What Happened
Edward A. Pesicka, President, CEO and a director of Accendra Health (ACH), surrendered 17,692 shares on 2026-05-15 to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $3.04 each, for a total of about $53,784. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed within the Form 4 reporting window).
- Price per share: $3.04; Total value: ~$53,784.
- Shares surrendered/disposed: 17,692.
- Shares owned after the transaction: not specified in this filing.
- Footnote: F1 — shares were surrendered to the issuer to satisfy tax withholding obligations in connection with restricted stock vesting.
- Transaction code: F (tax withholding).
Context
This is a routine cashless settlement to cover taxes on vested restricted stock and does not necessarily signal a change in the insider's view of the company. For retail investors, outright purchases by insiders are generally more indicative of bullish sentiment; tax-withholding surrenders are common and largely administrative.