Jones Daphne E 4/A
Research Summary
AI-generated summary
AMN Healthcare Director Daphne Jones Exercises Derivatives; Receives RSUs
What Happened
- Daphne E. Jones, a director of AMN Healthcare Services, reported conversion/exercise of derivative securities and the vesting/settlement of RSUs on May 1, 2026.
- Records show 8,325 shares were recorded as converted/exercised (derivative M code) and 8,304 RSUs were recorded as newly acquired/awarded (A code). All transactions show $0 exercise/price — these were RSU vesting/conversions into common stock, not cash purchases or open‑market sales.
- After the corrected report, the reporting person beneficially owns 16,124 AMN shares.
Key Details
- Transaction date: May 1, 2026. Form 4 originally filed May 4, 2026 contained an error; this Form 4 was amended and filed July 9, 2026 to correct beneficial ownership (see below).
- Reported items: 8,325 shares from derivative exercise/conversion (M); 8,304 shares from RSU award/vesting (A). All entries show $0 per share (reflects RSU conversion/settlement).
- Shares owned after transaction: 16,124 (amended — prior filing overstated ownership by 1,000 shares).
- Holdings: Shares are held in the Daphne E. Jones Revocable Trust (reporting person is sole trustee and beneficiary).
- Footnotes of note: RSUs were granted under AMN equity plans (2017 and 2025 plans). Some RSUs vest based on a one‑year schedule or the company’s annual meeting; RSUs have no expiration and, per election, certain RSUs may settle at separation from service.
Context
- These transactions reflect RSU vesting/conversion (derivative settlement) rather than an open‑market buy or sale — commonly part of routine executive/director compensation.
- The filing is an amendment correcting a prior Form 4 (the May 4, 2026 filing overstated post‑transaction ownership by 1,000 shares). The amendment was filed July 9, 2026 to restate the correct ownership.