Cross Country Healthcare (CCRN) Director Gale S. Fitzgerald Sells Shares

What Happened Gale S. Fitzgerald, a director of Cross Country Healthcare, disposed of a total of 194,249 shares on July 21, 2026. The dispositions consisted of 114,331 shares for $13.25 each ($1,514,886) and 79,918 shares for $13.25 each ($1,058,914), for combined cash proceeds of approximately $2,573,800. These were reported as dispositions to the issuer in connection with the company’s merger.

Key Details

• Transaction date: 2026-07-21; Price per share: $13.25.
• Shares disposed: 114,331 and 79,918 (total 194,249); Total cash received: ~$2.57 million.
• Transaction type: Disposition to issuer under the Merger Agreement (not an open-market sale).
• Post-transaction holdings: Reporting person states these shares are held in a trust and disclaims beneficial ownership; the filing does not assert beneficial ownership.
• Footnotes: (1) The transactions were pursuant to the May 6, 2026 Merger Agreement; (2) at the merger effective time each outstanding share was converted into the right to receive $13.25 in cash and restricted awards were vested, cancelled and converted into cash; (3) shares are held in a trust and the reporting person disclaims beneficial ownership.
• Filing timeliness: Reported with period and filing date 2026-07-21 (timely).

Context This was a cash-out tied to a corporate merger (each share converted to $13.25), not a typical open-market sale. Restricted stock awards were fully vested and converted into cash as part of the merger consideration. Such merger-driven dispositions reflect transaction mechanics rather than an independent trading decision by the insider.