STOCK TITAN

Ardent Health (ARDT) EVP gets 24,904 RSUs; 3,233 shares withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ardent Health EVP, GC and Secretary Stephen C. Petrovich received a grant of 24,904 shares of common stock as restricted stock units that vest in three substantially equal installments on each anniversary of April 1, 2026, subject to continued service. To cover tax obligations on RSU vesting, 1,425 shares on March 31, 2026 at $8.56 and 1,808 shares on April 1, 2026 at $8.67 were withheld rather than sold on the open market. Following these compensation-related transactions, he holds 774,707 shares directly, and 186,225 shares are reported as indirectly held in family GST‑2016 Exempt Family Trusts for which he disclaims beneficial ownership except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Petrovich Stephen C.
Role EVP, GC and Secretary
Type Security Shares Price Value
Tax Withholding Common Stock 1,808 $8.67 $16K
Grant/Award Common Stock 24,904 $0.00 --
Tax Withholding Common Stock 1,425 $8.56 $12K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 749,803 shares (Direct); Common Stock — 186,225 shares (Indirect, See footnote)
Footnotes (1)
  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 These securities are held by Emilie K. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any. These securities are held by Stephen C. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person's spouse is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any.
RSU grant 24,904 shares Restricted stock units granted at $0.00 per share
Tax withholding 3/31/2026 1,425 shares at $8.56 Shares withheld to pay taxes on RSU vesting
Tax withholding 4/1/2026 1,808 shares at $8.67 Shares withheld to pay taxes on RSU vesting
Total tax-withheld shares 3,233 shares Sum of F-code tax-withholding dispositions
Direct holdings after grant 774,707 shares Common stock directly held following April 1, 2026 transactions
Indirect trust holdings 186,225 shares Common stock held by GST‑2016 Exempt Family Trusts
3/31/2026 closing price $8.56 Closing price used for tax-withholding shares on March 31, 2026
4/1/2026 closing price $8.67 Closing price used for tax-withholding shares on April 1, 2026
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; transaction_code_description: Payment of exercise price or tax liability by delivering securities"
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.
GST-2016 Exempt Family Trust financial
"These securities are held by Emilie K. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person is the trustee"
pecuniary interests financial
"The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Petrovich Stephen C.

(Last)(First)(Middle)
340 SEVEN SPRINGS WAY, SUITE 100

(Street)
BRENTWOOD TENNESSEE 37027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ardent Health, Inc. [ ARDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, GC and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026F1,425(1)D$8.56(2)751,611D
Common Stock04/01/2026F1,808(1)D$8.67(3)749,803D
Common Stock04/01/2026A24,904(4)A$0774,707D
Common Stock186,225ISee footnote(5)
Common Stock186,225ISee footnote(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3.
2. Represents the closing price of the common stock of the Issuer on March 31, 2026.
3. Represents the closing price of the common stock of the Issuer on April 1, 2026.
4. 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
5. These securities are held by Emilie K. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any.
6. These securities are held by Stephen C. Petrovich GST-2016 Exempt Family Trust, of which the Reporting Person's spouse is the trustee and the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interests therein, if any.
Remarks:
/s/ Stephen C. Petrovich04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did ARDT executive Stephen C. Petrovich report?

Stephen C. Petrovich reported a grant of 24,904 Ardent Health (ARDT) common shares as restricted stock units, plus 3,233 shares withheld for taxes. These were compensation and tax‑related entries, not open‑market purchases or sales, and updated his reported direct and indirect holdings.

How many Ardent Health (ARDT) shares were granted to Petrovich in this Form 4?

Petrovich was granted 24,904 Ardent Health common shares as restricted stock units at no purchase price. According to the filing, these RSUs vest in three substantially equal installments on each anniversary of April 1, 2026, contingent on his continued service with the company.

Why were ARDT shares disposed of in Stephen C. Petrovich’s Form 4?

The Form 4 shows dispositions of 1,425 and 1,808 Ardent Health shares coded “F,” meaning they were withheld to pay taxes upon RSU vesting. The filing states this tax withholding occurred in accordance with Rule 16b-3 and used the stock’s closing prices on the respective dates.

What are Stephen C. Petrovich’s Ardent Health share holdings after these transactions?

After the reported transactions, Petrovich directly holds 774,707 Ardent Health common shares. The filing also reports 186,225 shares held indirectly through family GST‑2016 Exempt Family Trusts, for which he disclaims beneficial ownership except to the extent of any pecuniary interests.

How do the restricted stock units for ARDT vest for Stephen C. Petrovich?

The restricted stock units representing 24,904 Ardent Health shares vest in three substantially equal installments on each anniversary of April 1, 2026. Vesting is conditioned on Petrovich’s continued service with the issuer through each applicable vesting date, as specified in the Form 4 footnote.

What is the role of family trusts in Stephen C. Petrovich’s ARDT holdings?

Some Ardent Health shares are held by the Emilie K. Petrovich and Stephen C. Petrovich GST‑2016 Exempt Family Trusts. The filing notes Petrovich or his spouse serves as trustee, and Petrovich disclaims beneficial ownership of these securities except for any pecuniary interests he may have.