Taylor Kenneth Wayne 4

What Happened
Taylor Kenneth Wayne, a director of Regional Health Properties, Inc. (RHEP), received a grant of 3,000 non‑qualified stock options (derivative securities) on January 16, 2026. The Form 4 reports the acquisition at $0.00 per option; footnotes state the options were granted under the company's Amended and Restated 2023 Omnibus Incentive Compensation Plan and that the options vest immediately. The filing does not show an immediate sale or exercise of shares — this is an award, not a cash purchase or sale.

Key Details

• Transaction date and price: 2026-01-16; 3,000 options reported at $0.00 per option (derivative grant).
• Vesting: Options vest immediately (footnote F3).
• Plan: Granted pursuant to the Regional Health Properties, Inc. 2023 Omnibus Incentive Compensation Plan (footnote F1).
• Valuation note: Footnote F2 says value is based on the average of the high/low OTC price on Jan 16, 2026 (the filing excerpt provided does not list a dollar valuation).
• Shares owned after transaction: Not specified in the provided excerpt.
• Filing timeliness: Transaction occurred 2026-01-16; Form 4 was filed 2026-02-09 — the report appears late relative to the usual 2-business-day Section 16 reporting window.

Context
This was a derivative award (stock options), which gives the holder the right to buy shares later under the plan’s terms; it does not represent an immediate purchase or sale of common stock. Immediate vesting means the director can exercise the options according to the plan and exercise terms, but the Form 4 shows no exercise or sale. Late filing of Section 16 reports can reduce transparency for investors and may have reporting penalties; for full details or valuation, consult the complete SEC filing and the company's disclosures.