Ball Susan E 4
Research Summary
AI-generated summary
Cross Country Healthcare (CCRN) GC Susan Ball Receives Restricted Shares
What Happened
- Susan E. Ball, General Counsel and Secretary of Cross Country Healthcare (CCRN), was granted 33,644 restricted shares on March 31, 2026 (award/acquisition coded A). The award shows an acquisition price of $0.00 (typical for compensation grants).
- On the same date, 3,703 shares were disposed (coded F) via share withholding to satisfy tax-withholding obligations at $9.40 per share: 1,689 shares ($15,877) and 2,014 shares ($18,932), totaling $34,809.
Key Details
- Transaction date: March 31, 2026.
- Grant: 33,644 restricted shares (acquired at $0.00).
- Withholding disposals: 1,689 shares @ $9.40 and 2,014 shares @ $9.40 (total 3,703 shares withheld; total value ~$34,809).
- Vesting/footnotes:
- F1: The 33,644 restricted shares vest in three substantially equal installments on March 31, 2027, March 31, 2028 and March 31, 2029.
- F2: The shares withheld were used to satisfy tax withholding for restricted stock that vested on March 31, 2026.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: no late-filing flag indicated in the report.
Context
- The primary event is a compensation award of restricted stock that vests over the next three years (a retention/compensation event). The withheld shares were a routine tax-withholding action, not an open-market sale; such withholdings are common and typically don't signal insider sentiment about the stock.