4Filed Jul 20, 8:00 PM ET
Cross Country Healthcare (CCRN) Director W. Larry Cash Sells 223,312 Shares
$CCRN · CROSS COUNTRY HEALTHCARE INCResearch Summary
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Cross Country Healthcare (CCRN) Director W. Larry Cash Sells 223,312 Shares
What Happened
W. Larry Cash, a director of Cross Country Healthcare, disposed of 223,312 shares at $13.25 per share for total proceeds of $2,958,884 on July 21, 2026. This disposition was a conversion of his common stock into cash under the merger agreement that made Cross Country Healthcare a wholly owned subsidiary.
Key Details
- Transaction date and price: 2026-07-21, $13.25 per share.
- Shares disposed: 223,312; total proceeds: $2,958,884.
- Shares owned after transaction: common shares were converted/cancelled at the effective time of the merger (receivers of Merger Consideration), so the reported holdings in common stock were eliminated.
- Footnotes: Transaction occurred pursuant to the May 6, 2026 Merger Agreement — each outstanding share was converted into the right to receive $13.25 in cash; restricted awards were vested, cancelled and converted into cash (see footnotes F1–F2).
- Filing timeliness: Reported for the transaction date 2026-07-21 (no late-filing indication).
Context: This was not an open-market sale but a merger cash-out (disposition to the issuer) where outstanding shares were converted into cash consideration. Such transactions reflect the deal terms rather than an individual decision to sell on the market.