Petrovich Stephen C. 4

What Happened

• Stephen C. Petrovich, EVP, General Counsel and Secretary of Ardent Health, was granted 34,733 shares on 2026-03-11 reported as an award/acquisition (code A) at $0.00 per share (total recorded value $0). The shares were earned based on 2024 and 2025 performance under performance-vesting restricted stock units awarded on July 18, 2024 and will vest on December 31, 2026, contingent on the reporting person’s continued service through that date.

Key Details

• Transaction date: 2026-03-11; Form filed: 2026-03-13.
• Transaction type/code: Award/Grant (A); reported acquisition price: $0.00; recorded value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Shares are performance-based RSUs tied to 2024–2025 performance; vesting contingent on service through 12/31/2026.
  • F2 & F3: Certain securities are held in family trusts (Emilie K. Petrovich GST-2016 Exempt Family Trust and Stephen C. Petrovich GST-2016 Exempt Family Trust); the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Form was filed two days after the transaction date; the filing does not indicate a late-report code.

Context

• This was an award of performance-vesting RSUs, not an open-market buy or sale—such grants are routine compensation and vesting is subject to performance and continued service. Awards are typically taxed at vesting; they do not necessarily signal immediate insider buying or selling intent.