JENNINGS WILLIAM NORRIS 4

What Happened

• Jennings William Norris, a director of Community Health Systems, was granted 52,023 restricted stock units (RSUs) on 2026-03-01. The Form 4 reports an acquisition at $0.00 per unit (transaction code A); no cash changed hands at grant and the award is a derivative grant (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-01; Form filed: 2026-03-03 (timely filing).
• Award: 52,023 restricted stock units (RSUs); reported price $0.00; transaction code A (award/grant).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest in one-third increments on the first, second and third anniversaries of the grant. Based on the reporting person’s prior deferral elections, these RSUs will be settled one-for-one into common stock upon the director’s cessation or on previously specified date(s).

Context

• RSUs are a common form of equity compensation for directors and are derivative awards that convert to shares only upon vesting or settlement; this grant does not represent an immediate purchase or sale of shares.