Johnson Jason K 4

What Happened

• Jason K. Johnson, Executive Vice President & CFO of Community Health Systems, reported exercises/conversions and multiple grants/awards on 2026-03-01. The filing shows acquisitions (at $0) totaling up to 390,000 shares from exercises/conversions and restricted stock awards/derivative awards. To satisfy tax withholding obligations on vesting/exercise, Johnson surrendered 23,610 shares at $3.46 per share, generating $81,691 in proceeds (code F — payment of tax liability).

Key Details

• Transaction date: 2026-03-01; filing date/accession: 2026-03-03 (Accession No. 0001193125-26-088501). Filing appears timely.
• Reported acquired shares (zero price): 30,000 (exercise/conversion, code M) + 90,000 (award, code A) + 180,000 (award, derivative) + 90,000 (award, derivative) — total reported acquisitions in the filing = 390,000 shares.
• Shares surrendered for taxes: 23,610 shares at $3.46 = $81,691 (code F).
• Footnotes: F1 notes 2023–2025 performance-based awards vested at 100% on 3/1/2026; other awards are time-vesting or performance-based with vesting schedules tied to 2024–2026, 2025–2027 or 2026–2028 performance periods (some vesting 1/3 annually, some contingent on metrics like cumulative same-store adjusted EBITDA growth, net revenue growth, and TSR percentile rank).
• Shares owned after the transactions are not provided in the excerpt of the filing.

Context

• Code meanings: A = award/grant, M = exercise/conversion of derivative (e.g., RSUs/options), F = shares retained/surrendered to pay withholding taxes. The 23,610-share disposition is a tax-withholding action (routine) rather than an open-market sale signaling sentiment.
• Many of the reported acquisitions are restricted or performance-based awards that either just vested (some vested 100%) or will vest in future periods subject to performance/time-based conditions — these are not immediate open-market purchases.