Hawkins Amiee Lin 4
Research Summary
AI-generated summary
Cross Country Healthcare COO Amiee Lin Receives Restricted Shares
What Happened Amiee Lin, Chief Operating Officer of Cross Country Healthcare (CCRN), was granted 15,958 restricted shares on March 31, 2026 (transaction code A). On the same date, a total of 1,278 shares were withheld to satisfy tax withholding obligations (transaction code F) at a reported withholding price of $9.40 per share, totaling $12,013 ($5,480 for 583 shares and $6,533 for 695 shares). The grant is an award of restricted stock rather than an open-market purchase or sale.
Key Details
- Transaction dates: March 31, 2026; Form 4 filed April 2, 2026 (timely filing).
- Grant: 15,958 restricted shares granted (acquired at $0.00 per share in the filing).
- Withholdings: 583 shares withheld ($5,480) and 695 shares withheld ($6,533); total withheld = 1,278 shares ($12,013) at $9.40/share.
- Vesting: Footnote indicates the restricted shares vest in three substantially equal installments on March 31 of 2027, 2028 and 2029 (F1).
- Withholding reason: Shares were withheld to satisfy tax obligations for restricted stock that vested on March 31, 2026 (F2).
- Shares owned after the transactions: not specified in the excerpt of the filing provided.
- Transaction codes: A = Award/Grant, F = Tax withholding (routine, not a market sale).
Context This was an award of restricted stock with a multi-year vesting schedule; the withholding of shares to cover taxes is a common, routine administrative action (cashless tax withholding) and does not by itself indicate a buy/sell signal. No 10% owner, 10b5-1 plan, or other special circumstances were noted in the provided details.