Caspers Dave 4

What Happened
Dave Caspers, Chief Operating Officer of Ardent Health, was awarded 35,673 restricted stock units (RSUs) on April 1, 2026 (reported 4/2/2026). The filing also shows 2,684 shares were disposed of (withheld) at $8.67 per share to cover taxes, totaling $23,270. The RSUs are reported as an award (code A) and the withholding is listed as a tax-withholding disposition (code F).

Key Details

• Transaction date(s): April 1, 2026 (filed April 2, 2026).
• Award: 35,673 RSUs @ $0.00 (grant/award).
• Tax withholding: 2,684 shares disposed @ $8.67 = $23,270 (used to satisfy tax withholding).
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Notable footnotes:
  • F1: Shares were withheld to pay taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
  • F2: $8.67 reflects the issuer's closing price on April 1, 2026.
  • F3: The RSUs vest in three substantially equal installments on each anniversary of April 1, 2026, subject to continued service.
• Filing timeliness: Reported the next day (filed 4/2 for 4/1 activity) — not indicated as late.

Context
RSU grants are an equity compensation award (not an open-market purchase) and typically vest over time; here the award vests in three annual installments. The withholding transaction is a routine tax-related disposition and does not necessarily indicate a voluntary sale by the insider. For retail investors, awards signal management incentive alignment but are not an immediate cash investment signal like an open-market purchase.