Stevenson Roberton James 4
Research Summary
AI-generated summary
Addus (ADUS) EVP Stevenson Receives Award & Sells Shares
What Happened
- Stevenson Roberton James, Executive Vice President and Chief HR Officer of Addus HomeCare Corp (ADUS), was granted 2,858 restricted shares (awarded at $0.00) on 2026-02-20 and sold 561 shares in an open-market transaction on 2026-02-23 for $114.91 each, totaling $64,465. The grant is a restricted stock award (no cash purchase); the sale appears routine and was made under a pre-established 10b5-1 plan to cover tax obligations tied to awards.
Key Details
- Transactions: Award (A) of 2,858 shares on 2026-02-20 (price $0.00); Sale (S) of 561 shares on 2026-02-23 at $114.91 each (proceeds $64,465).
- Vesting: The awarded shares vest in equal installments on Feb 20 of 2027, 2028 and 2029, subject to continued service and change-in-control acceleration (Footnote F1).
- Sale rationale: The sale was executed pursuant to a previously adopted 10b5-1 plan to satisfy tax obligations from vesting (Footnotes F2, F3 — plan adopted 03/05/2025).
- Shares owned after transaction: Not disclosed in this filing.
- Filing date / report period: Form filed 2026-02-24; Period of Report covers transactions through 2026-02-20. No late-filing flag indicated in the provided data.
Context
- The award (A) is a restricted stock grant (acquired with no cash payment) that vests over three years; such grants are common for executive compensation and do not by themselves signal a buy decision.
- The sale was made under a 10b5-1 plan and described as to satisfy tax withholding — a routine, non-informational sale rather than an ad hoc insider sale.