Hensley Robert Z 4
Research Summary
AI-generated summary
Community Healthcare Trust (CHCT) Director Robert Z. Hensley Receives Award
What Happened Robert Z. Hensley, a director of Community Healthcare Trust, received an award of 6,036 shares of restricted common stock on May 21, 2026. The shares were issued at an effective price of $17.23 per share, for a total value of approximately $104,000. This was not an open‑market purchase but a compensation grant: Hensley elected to take 76.5% of his 2026 board retainer in restricted shares (three‑year restriction period), and the Company also awarded additional shares equal to 60% of the value of that deferred retainer.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-26 (filed 5 days after the transaction date).
- Price per share used: $17.23 (10‑day average stock price); total reported value ≈ $104,000.
- Shares reported acquired: 6,036 restricted shares with a three‑year restriction/vesting period.
- Footnote: The number issued reflects Hensley’s election to take 76.5% of his board retainer in shares plus additional shares equal to 60% of the deferred retainer; share count calculated as (deferred retainer value + additional share value) ÷ 10‑day average price.
- Shares owned after the transaction: not specified in the provided filing.
- Timeliness: The Form 4 was filed on 2026-05-26 for a 2026-05-21 transaction; Form 4s are normally due within two business days, so this filing appears to have been submitted late.
Context This transaction is routine director compensation (board retainer taken in stock) rather than a voluntary open‑market buy or sale. Such awards reflect pay choice and company compensation practices; they are not direct signals of immediate insider buying/selling intent.