Davis Marlie 4

What Happened

• Marlie Davis, Chief Financial Officer of Regional Health Properties (RHEP), received two equity awards on May 5, 2026: 35,000 restricted stock units (RSUs) and an option grant covering 35,000 shares. Both awards are reported as acquisitions at $0 (typical for compensation grants).
• The awards vest over three years (11,667 / 11,667 / 11,666 shares on May 5 of 2027, 2028 and 2029). The option strike/valuation was set based on the average of the high and low OTC price on May 5, 2026 (per the filing footnote), though a dollar amount is not shown in the summary provided.

Key Details

• Transaction date: May 5, 2026. Form 4 filed May 7, 2026 (timely filing).
• Grant types: Restricted stock units (F1) and employee stock options (F3) under the Regional Health Properties, Inc. Amended and Restated 2023 Omnibus Incentive Compensation Plan.
• Amounts: 35,000 RSUs; options on 35,000 shares. Both reported at $0 acquisition value.
• Vesting: 11,667 shares vest 5/5/2027, 11,667 on 5/5/2028, 11,666 on 5/5/2029 (F2, F5).
• Exercise price/valuation note: Determined using the average high/low OTC price on 5/5/2026 (F4); the filing excerpt does not list the numeric exercise price.
• Shares owned after transaction: Not specified in the provided filing.
• Other notes: No 10b5-1 plan, tax-withholding, sale, or exercise reported in this filing excerpt.

Context

• RSUs: convert to actual shares as they vest; no cash was paid by the CFO at grant.
• Stock options: give the holder the right to buy shares at a set price after vesting; this filing shows a grant, not an exercise or sale.
• For retail investors: equity awards to executives are common compensation. They signal management is being incentivized for multi-year performance but are not the same as an outright insider purchase (which some view as a stronger bullish signal).