Prosky Danny 4
Research Summary
AI-generated summary
American Healthcare (AHR) CEO Danny Prosky Sells 29,992 Shares for Taxes
What Happened
Danny Prosky, CEO, President and a director of American Healthcare REIT, reported that 29,992 shares were disposed on February 9, 2026 via a company repurchase to satisfy his tax obligations from restricted stock vesting. The repurchase price was $48.77 per share, totaling $1,462,710. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (timely).
- Shares disposed: 29,992 at $48.77 each; total value reported $1,462,710.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: Shares were repurchased by the issuer to satisfy tax obligations on shares that vested Feb 9, 2026.
- F2: Reported holdings include 1,059 shares acquired under the company’s Employee Stock Purchase Plan.
- F3: Shares are held by the Danny & Zohar Prosky Family Revocable Trust, with Danny and Zohar Prosky as trustees.
- Transaction code F indicates tax withholding/cashless settlement rather than a voluntary sale (codes: F = tax withholding).
Context
This was a routine "sell-to-cover" or issuer repurchase to satisfy tax liabilities on vested restricted stock—not an open-market directional trade by the insider. Such withholding transactions are common after awards vest and do not, by themselves, indicate the insider’s view on the company’s future performance.