Hoyt Casey 4

What Happened

• Hoyt Casey, CEO of Viemed Healthcare (VMD), had restricted stock units and phantom share units vest on January 29, 2026. The filing reports conversion/exercise of derivatives that resulted in the acquisition of 39,795 and 13,265 underlying shares (total 53,060 shares).
• To satisfy tax obligations and settle phantom-share cash payouts, the issuer withheld/disposed shares: 13,913 shares were withheld for taxes at $7.48 per share ($104,069), and 13,265 shares were disposed to the issuer at $7.48 per share ($99,222). The filing also records the derivative-settlement steps (reported as derivative disposals at $0) related to the cash settlement of phantom units.
• These transactions are largely routine vesting and cash-settlement actions (not open-market purchases), so they are administrative rather than a straightforward “buy” or voluntary sale signal.

Key Details

• Transaction date: January 29, 2026. Filing date: February 2, 2026 (appears timely within the SEC’s two business-day window).
• Prices and values shown: tax-withheld 13,913 shares @ $7.48 = $104,069; disposition to issuer 13,265 shares @ $7.48 = $99,222. Some derivative entries are reported with $0 because they reflect the derivative settlement mechanics.
• Shares acquired by conversion/exercise: 39,795 and 13,265 (total 53,060) as reported under code M (exercise/conversion of derivative).
• Shares owned following the transactions: not specified in the provided summary (see the full Form 4 for holdings after the report).
• Relevant footnotes: RSUs equal one common share each (F1); shares were withheld to satisfy tax obligations (F2); $7.48 per-share figure is the Jan 29, 2026 closing price (F3); phantom shares were cash-settled and reported as simultaneous acquisition and disposition of underlying shares (F4); the RSUs and phantom awards were granted Jan 29, 2024 and vest in three equal annual installments (F5, F6).

Context

• This filing documents vesting and cash-settlement mechanics (including tax withholding) rather than an open-market sale by the CEO. The derivative-code (M) entries indicate exercise/conversion of award units; the F-code represents tax withholding. Such transactions are common when RSUs or phantom units vest and are typically administrative.