Ardent Health (ARDT) SVP awarded 11,538 shares; 1,743 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardent Health, Inc. senior vice president and chief accounting officer David Raynor reported routine equity compensation activity in the company’s stock. On April 1, 2026 he received a grant of 11,538 shares of common stock at no cost, tied to restricted stock units that vest in three substantially equal installments on each anniversary of April 1, 2026, subject to his continued service. To cover taxes owed on RSU vesting, 924 shares were withheld on April 1, 2026 at $8.67 per share and 819 shares were withheld on March 31, 2026 at $8.56 per share, consistent with Rule 16b-3 treatment rather than open‑market sales. Following these transactions, Raynor directly owned 130,445 shares of Ardent Health common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Byers David Raynor
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 924 | $8.67 | $8K |
| Grant/Award | Common Stock | 11,538 | $0.00 | -- |
| Tax Withholding | Common Stock | 819 | $8.56 | $7K |
Holdings After Transaction:
Common Stock — 118,907 shares (Direct)
Footnotes (1)
- Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3. Represents the closing price of the common stock of the Issuer on March 31, 2026. Represents the closing price of the common stock of the Issuer on April 1, 2026. Represents restricted stock units that vest in three substantially equal installments on each anniversary of April 1, 2026, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date
Key Figures
Stock grant: 11,538 shares
Tax withholding shares: 1,743 shares
Tax withholding March 31: 819 shares at $8.56
+3 more
6 metrics
Stock grant
11,538 shares
Common stock awarded at $0.00 per share on April 1, 2026
Tax withholding shares
1,743 shares
Total shares withheld for RSU tax obligations
Tax withholding March 31
819 shares at $8.56
Shares withheld on March 31, 2026
Tax withholding April 1
924 shares at $8.67
Shares withheld on April 1, 2026
Post-transaction holdings
130,445 shares
Common stock directly owned after reported transactions
RSU vesting schedule
3 installments
Vests in three substantially equal annual installments from April 1, 2026
Key Terms
restricted stock units, Rule 16b-3, tax-withholding disposition, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for code F transactions."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the A-coded entry."
continued service financial
"subject to the Reporting Person's continued service with the Issuer through each applicable vesting date"
FAQ
What did ARDT executive David Raynor report in this Form 4 filing?
David Raynor reported a routine equity compensation grant and related tax withholding. He received 11,538 shares of Ardent Health common stock and had 1,743 shares withheld to cover taxes on restricted stock unit vesting under Rule 16b-3.
Were David Raynor’s ARDT transactions open-market buys or sales?
The reported transactions were not open-market trades. They reflect a stock grant and shares withheld to pay taxes on restricted stock unit vesting, coded as grant/award (A) and tax-withholding disposition (F), rather than discretionary purchases or sales in the market.
How do David Raynor’s new restricted stock units in ARDT vest over time?
The restricted stock units represented by the 11,538-share grant vest in three substantially equal installments. Vesting occurs on each anniversary of April 1, 2026, and is conditioned on David Raynor’s continued service with Ardent Health through each applicable vesting date.