Cotman Cathrine 4

What Happened Cathrine Cotman, a director of Community Healthcare Trust (CHCT), was awarded 6,036 restricted shares on 2026-05-21 at an effective price of $17.23 per share, a total value of approximately $104,000. This was an award (Form 4 transaction code A) issued as payment of her 2026 board retainer, not an open-market purchase or sale. The shares are restricted and subject to a three-year restriction period.

Key Details

• Transaction date: 2026-05-21; Filing date: 2026-05-26.
• Transaction type/code: Award/Grant (A).
• Shares acquired: 6,036; Price used: $17.23 per share; total value ≈ $104,000.
• Restriction: Shares are restricted with a three-year restriction period.
• Footnote: Cotman elected to take 100% of her 2026 board retainer in restricted stock. The company also awarded additional shares equal to 60% of the value of the board retainer; the number of shares was determined by dividing the total value (retainer + additional shares) by the 10-day average price of $17.23.
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Filing was submitted May 26 for a May 21 transaction (Form 4s are typically due within two business days), so the filing date is several days after the transaction.

Context This award reflects compensation (board retainer) that Cotman elected to receive in restricted stock rather than cash. Such compensation-related grants are routine and differ from open-market purchases by insiders; they do not necessarily signal a change in investment sentiment. The three-year restriction means the shares cannot be freely sold until the restriction lapses.