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AdaptHealth Corp.·4

Mar 23, 6:25 PM ET

CASHIN RICHARD M JR 4

Research Summary

AI-generated summary

Updated

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.