Prast Albert A. 4

What Happened
Albert A. Prast, Chief Technology Officer of AdaptHealth Corp. (AHCO), exercised stock options on March 13, 2026 to acquire 89,451 shares. The exercise cost reported was $4.38 per share (total cash paid $391,795). To cover tax withholding obligations related to the exercise, 58,203 shares were surrendered/withheld at an implied value of $10.33 per share (total value $601,237). The filing also lists a conversion/disposition of 89,451 derivative units at $0, reflecting the option-to-stock conversion.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 16, 2026. The filing includes no late-report flag.
• Option exercise (code M): 89,451 shares acquired at $4.38 each — $391,795 total cash exercise price.
• Tax withholding (code F): 58,203 shares disposed/withheld at $10.33 each — $601,237 value recorded for tax payment.
• Derivative conversion: 89,451 derivative units disposed at $0 to reflect conversion of the options into common shares.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: Power of attorney referenced — previously filed Feb 4, 2025 as an exhibit and incorporated by reference.

Context

• This is a routine option exercise with shares withheld to satisfy tax obligations (common in "cashless" or net-share settlement situations). The filing shows an acquisition (exercise) and a stock surrender to cover taxes rather than an open-market sale for personal liquidity.
• The tax-withholding disposals reduce the net new shares received by the insider but do not necessarily indicate a change in sentiment about the company; they primarily reflect tax obligations tied to exercising options.