Dixon Heather Brianne 4
Research Summary
AI-generated summary
Addus (ADUS) COO Heather Dixon Receives 12,470-Share Award
What Happened
Heather Brianne Dixon, Chief Operating Officer of Addus HomeCare Corp (ADUS), was granted 12,470 shares on February 20, 2026, as reported on a Form 4 filed February 24, 2026. The grant shows an acquisition at $0.00 per share (i.e., no purchase price reported). This was an equity award (transaction code “A”), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-24.
- Instrument and amount: 12,470 shares granted, price reported $0.00.
- Vesting: Shares vest in equal installments on Feb 20 of 2027, 2028 and 2029, subject to continued service and acceleration on a change in control (per footnote).
- Shares owned after transaction: not reported in the supplied filing details.
- Filing timeliness: Form 4 was filed four days after the transaction date; Form 4s are typically due within two business days, so this filing may be late.
Context
This is a compensation/retention equity award (likely restricted shares or RSUs) that vests over time. Such grants are common for executives and reflect compensation, not an immediate market bet—there’s no immediate sale or cashless exercise associated with this entry.