MARTIN STEVEN L 4

What Happened
Steven L. Martin, a director of Regional Health Properties, Inc. (RHEP), was granted 3,000 non‑qualified stock options on January 16, 2026. The Form 4 reports the acquisition as $0.00 (no cash paid at grant); the grant is documented under the company’s 2023 Omnibus Incentive Compensation Plan and the options vest immediately.

Key Details

• Transaction date: January 16, 2026; reported on Form 4 filed February 9, 2026 (appears to be a late filing relative to the transaction date).
• Transaction type/code: Grant/Award (A) of derivative securities — non‑qualified stock options.
• Quantity: 3,000 options. Reported acquisition price: $0.00 (no cash exchanged).
• Vesting: Options vest immediately (footnote F3).
• Plan: Granted under the Regional Health Properties, Inc. Amended and Restated 2023 Omnibus Incentive Compensation Plan (footnote F1).
• Valuation note: The filing references a market-based value calculation based on the average of the high/low OTC price on Jan 16, 2026 (footnote F2).
• Shares owned after transaction: Not specified in the provided Form 4 disclosure.

Context
This was an option grant (an award), not a market purchase or sale. Immediate vesting means the options are exercisable according to plan terms, but the filing does not show an exercise or sale of underlying shares. Grants signal compensation or retention actions and do not by themselves indicate buying/selling sentiment in the market. The filing date is later than the transaction date, reducing near‑term disclosure timeliness.