Krishnan K Ranga 4
4 · COMMUNITY HEALTH SYSTEMS INC · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Community Health Systems Director Krishnan K Ranga Receives RSU Award
What Happened
Krishnan K Ranga, a director of Community Health Systems, was granted 52,023 restricted stock units (reported as a derivative acquisition) on 2026-03-01. The Form 4 lists the per-unit price as $0.00 (transaction code A — award/grant); no cash was paid for the award in this filing. These RSUs are not immediately tradable stock but will convert to common shares under the plan terms described below.
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
- Award: 52,023 RSUs; reported price $0.00 per unit (derivative award).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote F1: A portion of the RSUs vest in 1/3 increments on each of the first three anniversaries of the grant; settlement in shares occurs on cessation as a director or on specified dates per the reporting person’s prior deferral elections.
- Footnote F2: Some units were accrued under the Directors' Fees Deferral Plan in lieu of cash compensation and settle in shares on the last business day of the calendar quarter following cessation or on other specified dates.
Context
This is an award of restricted stock units (derivative grant) rather than an open-market purchase or sale. RSU awards reflect compensation or deferred director fees and convert to common shares only after vesting/settlement conditions are met; they do not by themselves indicate a buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-01+52,023→ 275,271 totalExercise: $0.00→ Common Stock (52,023 underlying)
- 109,143
Common Stock
- 69,653.39
Stock Units (SU)
[F2]Exercise: $0.00→ Common Stock (69,653.39 underlying)
Footnotes (2)
- [F1]These restricted stock units vest in 1/3 increments on the first, second and third anniversary of the date of grant. Based on the Reporting Person's prior deferral elections pursuant to the terms of the award agreement, these restricted stock units will be settled in shares of the Issuer's common stock on a one-for-one basis upon the Reporting Person's cessation as a director or upon a date or dates previously specified by the Reporting Person.
- [F2]These stock units were accrued under the Issuer's Directors' Fees Deferral Plan in lieu of a portion of the Reporting Person's director cash compensation and are settled in shares of the Issuer's common stock on a one-for-one basis on the last business day of the calendar quarter following Reporting Person's cessation as a director or upon a date or dates previously specified by the Reporting Person.