Byers David Raynor 4

What Happened David Byers, SVP & Chief Accounting Officer of Ardent Health, had 11,538 restricted stock units (RSUs vest) on April 1, 2026 (reported Apr 2, 2026). To satisfy tax withholding related to the vesting, 819 shares were withheld on Mar 31, 2026 at $8.56 ($7,011) and 924 shares were withheld on Apr 1, 2026 at $8.67 ($8,011). The RSU grant is reported as an acquisition (award); the share dispositions are tax-withholding (code F), not open-market sales.

Key Details

• Transaction types: A = award/acquisition (11,538 RSUs vested); F = shares withheld for taxes (819 and 924 shares).
• Dates & prices: Mar 31, 2026 — 819 shares withheld @ $8.56 = $7,011; Apr 1, 2026 — 924 shares withheld @ $8.67 = $8,011.
• Total withheld for taxes: 1,743 shares for $15,022.
• Reported acquisition shows $0 cash paid for the award on the Form 4 (standard for RSU vesting); market value of the 11,538 vested RSUs ≈ $100,034 using the Apr 1 close ($8.67).
• Footnotes: F1 — withholding to satisfy taxes per Rule 16b-3; F2/F3 — prices reported are closing prices on Mar 31 and Apr 1, 2026; F4 — these RSUs vest in three substantially equal installments on each anniversary of Apr 1, 2026, subject to continued service.
• Shares owned after transaction: not specified in the information provided in this summary.
• Filing timeliness: Form filed Apr 2, 2026 for a Mar 31/Apr 1 transaction period — no late-filing indication in the provided data.

Context This was an RSU vesting event with shares withheld to cover tax obligations (a routine administrative transaction), not an open-market sale or purchase. Tax-withholding disposals (code F) generally do not reflect a change in insider sentiment about the stock; they are standard when equity awards vest. The RSU award vests in installments over the next two anniversaries (per the vesting footnote), so additional vesting events may occur in future years.