CASHIN RICHARD M JR 4
4 · AdaptHealth Corp. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
AdaptHealth (AHCO) 10% Owner Richard Cashin Buys Stock
What Happened
Richard M. Cashin Jr., reported as a 10% owner, purchased a total of 447,827 AdaptHealth (AHCO) shares in open-market transactions. The filing shows 727 shares on 2026-03-19 at a reported weighted average price of $9.94 (≈ $7,228) and 447,100 shares on 2026-03-20 at a reported weighted average price of $9.91 (≈ $4,431,700). Combined, the purchases are approximately $4.44 million. These are outright purchases (a bullish signal generally regarded as more informative than routine sales).
Key Details
- Transaction dates and prices:
- 2026-03-19: 727 shares @ $9.94 (weighted average) — $7,228 (Footnote F1: multiple trades priced $9.94–$9.95)
- 2026-03-20: 447,100 shares @ $9.91 (weighted average) — $4,431,700 (Footnote F4: multiple trades priced $9.81–$9.95)
- Shares owned after transaction: not stated in this Form 4 filing.
- Ownership structure: the securities are held directly by OEP AHCO Investment Holdings, LLC ("Investor"). Footnotes (F2–F3) explain that various One Equity Partners VII funds (the "Parallel Funds") and related GP entities control the Investor and that Cashin, as a required member of the investment committee, may be deemed to have voting and investment discretion and beneficial ownership. Each reporting person otherwise disclaims beneficial ownership except for any pecuniary interest.
- Filing remarks: EDGAR codes for the Investor and related OEP entities were not accessible at filing time; the Form 4 will be amended to add them when available.
Context
- These are direct open-market purchases (code P) rather than option exercises, awards, or gifts — typically viewed by investors as a stronger signal of confidence than sales.
- The filing reports weighted-average prices and discloses that trades occurred across multiple executions within the stated price ranges; the filer will provide per-trade breakdowns on request.
- This transaction involves a 10% owner and institutional vehicle(s), so the filing reflects institutional/investment activity rather than day-to-day executive compensation moves.
Insider Transaction Report
Form 4
CASHIN RICHARD M JR
10% Owner
Transactions
- Purchase
Common Stock
[F1][F2][F3]2026-03-19$9.94/sh+727$7,228→ 15,865,598 total(indirect: See footnotes) - Purchase
Common Stock
[F4][F2][F3]2026-03-20$9.91/sh+447,100$4,431,700→ 16,312,698 total(indirect: See footnotes)
Footnotes (4)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.94 to $9.95, inclusive. The reporting persons undertake to provide to AdaptHealth Corp., a Delaware corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]These securities are held directly by OEP AHCO Investment Holdings, LLC ("Investor"). Investor is owned by One Equity Partners VII, L.P., a Cayman Islands exempted limited partnership ("OEP VII LP"), One Equity Partners VII-A, L.P., a Cayman Islands exempted limited partnership ("OEP VII-A LP"), One Equity Partners VII-B, L.P., a Delaware limited partnership ("OEP VII-B LP"), OEP VII Project A Co-Investment Partners, L.P., a Delaware limited partnership ("OEP VII Project A LP") and OEP VII Project A-I Co-Investment Partners, L.P., a Delaware limited partnership ("OEP VII Project A-I LP" and, together with OEP VII LP, OEP VII-A LP, OEP VII-B LP and OEP VII Project A LP, the "Parallel Funds"). The general partner of each of the Parallel Funds is OEP VII General Partner, L.P., a Cayman Islands exempted limited partnership ("OEP VII GP"), and the general partner of OEP VII GP is OEP VII GP, L.L.C., a Cayman Islands limited liability company ("OEP VII GP LLC").
- [F3](Continued from Footnote 2) The six member investment committee of OEP VII GP acts by majority vote, which majority must include Richard Cashin. Accordingly, Richard Cashin may be deemed to have voting and investment discretion, and beneficial ownership, of the reported securities. Each of the reporting persons disclaims beneficial ownership of the securities except to the extent of its or his pecuniary interest therein.
- [F4]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.81 to $9.95, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Signature
/s/ Richard Cashin|2026-03-23