LUMSDAINE ALFRED 4
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Ardent Health (ARDT) CFO Alfred Lumsdaine Receives RSUs; Shares Withheld
What Happened Alfred Lumsdaine, Chief Financial Officer of Ardent Health, was granted 53,846 restricted stock units (RSUs) on April 1, 2026. To cover tax withholding on RSU vesting, 2,510 shares were withheld on March 31, 2026 at $8.56 each ($21,486) and 4,381 shares were withheld on April 1, 2026 at $8.67 each ($37,983), for a total of 6,891 shares and $59,469 disposed. The RSUs vest in three substantially equal annual installments beginning April 1, 2026, subject to continued service.
Key Details
- Transactions reported: Mar 31, 2026 (2,510 shares withheld at $8.56 = $21,486), Apr 1, 2026 (4,381 shares withheld at $8.67 = $37,983), and Apr 1, 2026 (grant of 53,846 RSUs, $0 purchase price).
- Shares withheld (disposed) total: 6,891; total proceeds reported: $59,469.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 = shares withheld to pay taxes; F2/F3 = closing prices on Mar 31 and Apr 1, 2026; F4 = RSUs vest in three substantially equal installments on each anniversary of Apr 1, 2026, subject to continued service.
- Filing timeliness: Form 4 filed Apr 2, 2026; transactions appear reported timely (no late filing indicated).
Context This filing reflects a compensation award (RSUs) and routine tax-withholding disposals, not an open-market sale or purchase. Withheld shares are commonly used to satisfy tax obligations upon vesting and do not necessarily indicate the insider's view on the stock. The RSUs vest over time, so the award is subject to future service-based vesting.