Sacks Jonathan S 4

What Happened
Jonathan Sacks, reported as a 10% owner, received a grant of 42,507 restricted stock units (RSUs) from Veradigm on June 1, 2026. The RSUs were reported at $0.00 per share (total reported value $0). The award vests 100% on the first anniversary of the grant (June 1, 2027). This is a compensation award (A = Award/Grant), not a market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the usual two‑business‑day window).
• Award: 42,507 RSUs at $0.00 per share; total reported value $0.
• Vesting: 100% vests on June 1, 2027 (one‑year cliff per footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes of note:
  • F1: Grant made under the Veradigm 2024 Stock Incentive Plan; 100% vesting after one year.
  • F2/F3: Some holdings are reported as held directly by Stonehill Master Fund Ltd and Stonehill Institutional Partners, L.P.; Sacks is a managing member of the manager (Stonehill Capital Management LLC).
  • F4: Reporting person disclaims beneficial ownership except for any pecuniary interest.
• Filing timeliness: Not marked late.

Context
RSU grants are compensation and do not represent an open‑market purchase or sale; they indicate an allocation of equity that will convert to shares upon vesting. As a reported 10% owner with holdings tied to institutional funds (per footnotes), this filing primarily reflects fund-level/institutional ownership and compensation mechanics rather than a personal buy/sell signal from an executive.