Leon Jonathan A 4
Research Summary
AI-generated summary
Accendra (ACH) EVP & CFO Leon Jonathan A. Surrenders 1,770 Shares for Taxes
What Happened
Leon Jonathan A., EVP & CFO of Accendra Health (ACH), surrendered 1,770 vested restricted shares to the company to satisfy tax withholding obligations. The shares were valued at $3.04 each, totaling approximately $5,381. This was a tax-withholding disposition (not an open-market sale) tied to the vesting of restricted stock.
Key Details
- Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-19.
- Shares involved: 1,770 surrendered at $3.04 per share; total value ≈ $5,381.
- Nature of transaction: Code F — shares surrendered to issuer to satisfy tax withholding on vested restricted stock (Footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Form 4 was filed 4 days after the transaction; Form 4s are generally due within two business days, so check the filing for any timeliness notation.
Context
This is a routine tax-withholding action following the vesting of restricted stock and does not represent a market sale or new investment decision. Such surrendering of shares to cover taxes is common and typically neutral for interpreting insider sentiment.