Burns William J. 4

What Happened
William J. Burns, Chief Financial Officer of Cross Country Healthcare (CCRN), was granted 47,873 restricted shares on March 31, 2026 (reported as an acquisition/award). On the same date, a total of 5,313 shares were disposed of (withheld) to satisfy tax withholding obligations related to restricted stock that vested; those withheld shares were recorded at $9.40 each for total withholding value of $49,942 (2,423 shares = $22,776; 2,890 shares = $27,166).

Key Details

• Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (appears timely — within the two-business-day filing window).
• Grant: 47,873 restricted shares granted at $0.00 (award).
• Withholding: 5,313 shares withheld (disposed) at $9.40 per share to satisfy tax liabilities; total value ~$49,942.
• Shares owned after the transactions: not specified in the filing.
• Footnotes:
  • F1 – The granted restricted shares vest in three substantially equal installments on March 31 of 2027, 2028 and 2029.
  • F2 – The withheld shares were used to satisfy tax withholding for restricted stock that vested on March 31, 2026.
• Transaction codes: A = Award/Grant (acquisition); F = tax withholding/disposition.

Context
This was primarily a granted award of restricted shares (a common form of executive compensation). The shares withheld were not open-market sales for cash but rather a standard tax-withholding mechanism when restricted stock vests. Such withholdings are routine and don’t necessarily signal a change in the insider’s market view.