Galloway Heath H 4
Research Summary
AI-generated summary
ACCENDRA (ACH) EVP Heath Galloway Surrenders 1,822 Shares for Taxes
What Happened
- Heath H. Galloway, EVP, General Counsel & Corporate Secretary of Accendra Health (ACH), disposed of 1,822 shares on 2026-05-18 by surrendering them to the company to satisfy tax withholding. The shares are reported at $2.91 each for a total value of $5,302. This was a tax-withholding disposition related to the vesting of restricted stock, not an open-market sale.
Key Details
- Transaction date: 2026-05-18; Filing date (Form 4): 2026-05-20 (timely).
- Price per share: $2.91; Shares surrendered/disposed: 1,822; Reported value: $5,302.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — shares were surrendered to the issuer to satisfy tax withholding obligations on vesting of restricted stock.
- Transaction code: F (tax withholding). Filing was timely (not late).
Context
- Surrendering shares to cover tax withholding is a routine administrative action when restricted stock vests and generally does not signal a change in the insider’s view of the company. The transaction is small in dollar terms and was not an open-market sale.