CROSS COUNTRY HEALTHCARE INC (CCRN)

AI-Powered SEC Filing Analysis

Quarterly Report Filed: 2026-05-08

Key Insights

  • The filing covers Q1 2026 (ended March 31, 2026) for Cross Country Healthcare, a healthcare staffing company with two main segments: Nurse and Allied Staffing and Physician Staffing, indicating continued operations across both service lines.
  • The company maintains a Senior Secured Asset-Based Loan facility with various sublimits including swing loans and standby letters of credit, with recent amendments in July 2024, suggesting active debt management and potential refinancing activity.
  • The presence of stock compensation plans, restricted stock units, and performance shares indicates ongoing equity-based compensation programs, which could impact shareholder dilution and the company's cost structure.
  • Segment reporting for both Q1 2026 and Q1 2025 is included, enabling year-over-year comparison analysis of performance between Nurse/Allied Staffing and Physician Staffing divisions.
  • The filing includes data on employee severance and exit costs as of Q1 2026, suggesting potential restructuring activities or workforce adjustments during the period.
Current Report Filed: 2026-05-07

Key Insights

  • Cross Country Healthcare announced Q1 2026 earnings results on May 7, 2026, indicating the company is maintaining regular reporting cadence and operational transparency with stakeholders.
  • The filing references a press release as Exhibit 99.1 containing detailed financial results, but the actual earnings data, guidance, and management commentary are not included in this 8-K wrapper document itself, limiting immediate insight into performance quality.
  • The 8-K was signed by William J. Burns, Executive Vice President & Chief Financial Officer, confirming stable financial leadership and proper authorization of SEC filings.
  • Filing under both Item 2.02 (Results of Operations) and Item 7.01 (Regulation FD) indicates standard earnings announcement disclosure without material non-public information being released outside normal channels.
Current Report Filed: 2026-05-07

Key Insights

  • Cross Country Healthcare has agreed to be acquired by KL Criss Cross Intermediate LLC for $13.25 per share in an all-cash transaction, representing a complete change of control and exit from public markets following Nasdaq delisting.
  • The merger is not subject to a financing condition, reducing execution risk, though it remains contingent on stockholder approval, regulatory clearance under HSR Act, and absence of material adverse effects on the company.
  • All restricted stock awards with service-based vesting will be fully accelerated and converted to cash at closing, while performance-based awards will be vested at the greater of target or actual performance levels, providing full payouts to equity holders.
  • The company has committed to a potential sale of its locums business division to a Parent affiliate as a separate transaction, which requires separate HSR and antitrust approval, indicating potential strategic restructuring post-acquisition.
Current Report Filed: 2026-04-17

Key Insights

  • Cross Country Healthcare, Inc. filed an 8-K form on April 17, 2026, providing updates on the company's operations.
  • The filing does not indicate any material changes to the company's business or financial condition.
  • Investors should continue to monitor the company's future filings for any significant developments that could impact the stock price.
Insider Trading Filed: 2026-04-02

Key Insights

  • Insider Marvin Veizaga acquired 9,043 shares of CCRN common stock, vesting over the next 3 years, indicating his confidence in the company's long-term prospects.
  • Veizaga also disposed of 938 shares to cover tax withholding obligations, suggesting he is not making any significant changes to his overall CCRN holdings.
  • The company failed to properly disclose 4,471 additional shares that Veizaga beneficially owned, indicating potential issues with their reporting processes.
Insider Trading Filed: 2026-04-02

Key Insights

  • The reporting person, Marc S. Krug, acquired 21,024 shares of common stock on March 31, 2026, which will vest in three equal installments over the next three years.
  • The reporting person also disposed of 1,123 and 1,339 shares of common stock on the same date to satisfy tax withholding obligations, indicating an ongoing ownership position in the company.
  • The reported transactions suggest that the reporting person, a Group President at Cross Country Healthcare Inc., is maintaining a significant equity stake in the company.
Insider Trading Filed: 2026-04-02

Key Insights

  • Amiee Lin Hawkins, the Chief Operating Officer, acquired 15,958 shares of Cross Country Healthcare Inc. (CCRN) on March 31, 2026, vesting in three equal installments over the next three years.
  • Hawkins also had 1,278 shares withheld to satisfy tax obligations related to the vesting of restricted stock on the same date.
  • The insider transaction suggests Hawkins has confidence in the company's future performance and aligns her interests with shareholders.
Insider Trading Filed: 2026-04-02

Key Insights

  • Insider Kevin Cronin Clark, the Chief Executive Officer, has acquired a significant number of 138,963 shares of Cross Country Healthcare Inc. (CCRN) through a vested restricted stock grant, increasing his direct ownership to 948,133 shares.
  • The acquisition is part of a multi-year vesting schedule, indicating the company's commitment to aligning executive compensation with long-term shareholder interests.
  • Clark also holds an additional 3,961 shares indirectly through his spouse, suggesting a broader personal investment in the company's future performance.
Insider Trading Filed: 2026-04-02

Key Insights

  • The reporting person, William J. Burns, the Chief Financial Officer of Cross Country Healthcare Inc., acquired 47,873 shares of the company's common stock through a vesting of restricted stock awards on March 31, 2026.
  • Burns also disposed of 2,423 and 2,890 shares of common stock through tax withholding, resulting in a net decrease of 5,313 shares in his beneficial ownership.
  • The restricted stock awards that vested on March 31, 2026 will continue to vest in two additional installments on March 31, 2027 and March 31, 2028, indicating the company's commitment to long-term incentives for its executive leadership.
Insider Trading Filed: 2026-04-02

Key Insights

  • Insider Susan E. Ball acquired a large amount of 33,644 shares of Cross Country Healthcare Inc. (CCRN) stock, indicating her confidence in the company's prospects.
  • Ball also sold 3,703 shares to cover tax withholding obligations, suggesting she plans to hold the majority of her newly acquired shares for the long-term.
  • The vesting schedule of the acquired shares, with one-third vesting each year from 2027 to 2029, aligns with a long-term investment strategy.
Current Report Filed: 2026-03-30

Key Insights

  • Cross Country Healthcare has appointed Amiee Hawkins as the new Chief Operating Officer, effective March 28, 2026. Hawkins has been with the company since 2014 and has held various senior leadership roles, which suggests continuity and internal promotion.
  • The filing does not indicate any changes to Hawkins' compensation or the existence of a new agreement, which implies the transition to COO is a natural progression within the company.
  • There are no related party transactions or family relationships disclosed, suggesting the appointment is a standard organizational change.
Current Report Filed: 2026-03-17

Key Insights

  • Cross Country Healthcare announced the departure of its Chief Information Officer, Phil Noe, and the associated severance and consulting agreements.
  • The company will pay Noe $205,975 in severance over six months and $198.04 per hour for consulting services through May 2026.
  • The filing provides transparency around the leadership change and associated financial implications for the company.
Insider Trading Filed: 2026-03-12

Key Insights

  • The reporting person, Colin P. McDonald, the Chief Human Resources Officer of Cross Country Healthcare Inc., sold 6,200 shares of the company's common stock on March 11, 2026 at a weighted average price of $9.701.
  • The transaction reduced McDonald's direct beneficial ownership of Cross Country Healthcare's common stock to 28,060 shares.
  • Insider selling transactions, especially by executive-level officers, can be interpreted as a bearish signal regarding the company's outlook or stock performance.
Current Report Filed: 2026-03-10

Key Insights

  • Cross Country Healthcare has appointed a new Senior Vice President and Chief Accounting Officer, Marvin Veizaga, effective March 10, 2026, replacing the previous officer.
  • The company has also announced the departure of the Chief Information Officer, Phil Noe, on the same date, with no indication of a dispute or disagreement.
  • The company has entered into a new letter agreement with the incoming Chief Accounting Officer, providing details on his increased base salary, annual short-term incentive bonus, and long-term incentive equity awards.
Annual Report Filed: 2026-03-09

Key Insights

  • Cross Country Healthcare's revenue grew across all service segments in 2025, indicating strong demand for its temporary staffing and other healthcare services.
  • The company's acquisition of Aya Holdings II Inc. in 2025 is expected to expand its geographic reach and service offerings, though integration-related costs may impact near-term profitability.
  • Cross Country Healthcare faces ongoing challenges related to employee severance and exit costs, which could weigh on its financial performance if not managed effectively.
Current Report Filed: 2026-03-04

Key Insights

  • Cross Country Healthcare reported Q4 2025 results, with revenue and earnings growth compared to the prior year period.
  • The company maintained its positive momentum, with strong performance across its healthcare staffing and workforce solutions business lines.
  • Management provided an optimistic outlook for 2026, highlighting continued demand for healthcare talent and opportunities for further growth and market share gains.
Current Report Filed: 2026-02-23

Key Insights

  • Cross Country Healthcare, Inc. filed an 8-K form on February 23, 2026, providing a press release update to the market.
  • The company did not disclose any material news or events that would significantly impact its operations or financial performance.
  • Without additional details in the 8-K filing, investors may need to wait for the next scheduled earnings report to get a more comprehensive update on the company's business and outlook.
Current Report Filed: 2026-02-12

Key Insights

  • Cross Country Healthcare, Inc. filed an 8-K report on February 12, 2026, providing a press release as an exhibit. The filing does not indicate any material business updates or events.
  • The company's stock ticker is CCRN and it trades on the Nasdaq Stock Market.
  • No additional financial or operational details were provided in the 8-K filing.
Current Report Filed: 2026-01-29

Key Insights

  • Cross Country Healthcare, Inc. has scheduled its 2026 Annual Meeting of Stockholders for May 11, 2026, which is more than 30 days earlier than the previous year's meeting.
  • The company has provided revised deadlines for stockholder proposals and nominations to be included in the proxy statement, with the proposal deadline set for March 11, 2026 and the nomination deadline set for February 10, 2026.
  • Stockholders who intend to solicit proxies in support of director nominees other than the company's nominees must provide notice by March 12, 2026 to comply with the universal proxy rules.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.