TUCKER DAVID W. 4

What Happened

David W. Tucker, EVP and Chief Strategy Officer of Addus HomeCare Corp (ADUS), sold 658 shares in an open-market transaction on Feb 23, 2026 for $114.91 per share (total proceeds $75,611). On Feb 20, 2026 he was also granted 3,429 restricted shares at $0.00 (restricted stock award).

The sale is reported as routine — it was made under a previously established 10b5-1 trading plan and was used to satisfy tax obligations tied to the vesting of restricted stock awards. The grant is subject to a multi-year vesting schedule.

Key Details

• Transactions:
  • Award (A): 3,429 shares on 2026-02-20, acquisition price $0.00 (restricted stock award).
  • Sale (S): 658 shares on 2026-02-23 at $114.91/share; proceeds ≈ $75,611.
• Vesting: Award vests in equal installments on Feb 20 of 2027, 2028, and 2029, subject to continued service and change-in-control acceleration. (Footnote F1)
• Sale purpose: Shares sold pursuant to a 10b5-1 plan to satisfy tax withholding obligations on vesting. (Footnote F2)
• 10b5-1 plan adoption date: 03/13/2025. (Footnote F3)
• Shares owned after the transactions: Not specified in the filing.
• Filing: Report filed 2026-02-24 (the sale occurred 2026-02-23) — appears timely.

Context

• The grant is a restricted stock award (acquired at $0) that vests over three years; this is not an immediate cash purchase or option exercise.
• The sale was executed under a pre-established 10b5-1 plan, a common mechanism executives use to sell shares according to a pre-set schedule and to address tax liabilities; such sales are typically considered routine rather than an express signal of sentiment.