Addus HomeCare Corp
For the period ended Mar 31, 2025. Filed May 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 6, 2025
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Item 5. Other Information
During the quarter ending March 31, 2025, each of the following directors and Section 16 officers adopted a Rule 10b5-1 Trading Arrangement (as defined in Item 408(a) of Regulation S-K) to sell common shares:
| Name | Title | Adoption Date | Expiration Date (1) | Shares Vesting and Subject to Sell-To-Cover (2) | Other Shares Being Sold (Subject to Certain Conditions) |
|---|---|---|---|---|---|
| Roberton Stevenson | EVP and Chief Human Resources Officer | March 5, 2025 | February 24, 2026 | 3,285 | n/a |
| Michael Wattenbarger | EVP and Chief Information Officer | March 5, 2025 | February 24, 2026 | 3,610 | n/a |
| R. Dirk Allison | Chief Executive Officer and Chairman of the Board | August 26, 2024 | March 10, 2025(3) | n/a | 87,500(4) |
| R. Dirk Allison(3) | Chief Executive Officer and Chairman of the Board | March 4, 2025 | February 24, 2026 | 28,942 | n/a |
| Darby Anderson | EVP and Chief Government Affairs & Community Relations Officer | March 5, 2025 | February 24, 2026 | 4,718 | n/a |
| W. Bradley Bickham | President and Chief Operating Officer | March 5, 2025 | February 24, 2026 | 12,173 | n/a |
| Cliff Blessing | EVP and Chief Development Officer | March 14, 2025 | February 24, 2026 | 4,009 | n/a |
| Brian Poff | EVP, Chief Financial Officer, Secretary and Treasurer | March 4, 2025 | February 24, 2026 | 11,363 | n/a |
| Monica Raines | EVP and Chief Compliance and Quality Officer | March 13, 2025 | March 1, 2026 | 4,010 | n/a |
| Sean Gaffney | EVP and Chief Legal Officer | March 7, 2025 | February 24, 2026 | 3,718 | n/a |
| David Tucker | EVP and Chief Strategy Officer | March 13, 2025 | February 24, 2026 | 4,091 | n/a |
(1) Each plan will expire on the date represented in the table or upon the earlier completion of all transactions contemplated by the arrangement.
(2)This column indicates the total number of shares vesting in connection with equity awards, not the number of shares to be sold. The actual number of shares to be sold will be a smaller number based on whatever is required to satisfy payment of applicable withholding taxes under sell-to-cover arrangements.
(3) On March 10, 2025, Mr. Allison terminated his existing 10b5-1 Plan during the quarter in connection with his entry into a third amended and restated employment and non-competition agreement.
(4)Mr. Allison became CEO of the Company in early 2016 and, in connection with that appointment, received a grant of options with respect to 150,000 shares on January 21, 2016, of which 87,500 remained outstanding and unexercised at the plan’s establishment. Those options have aten-year term and are thus forfeited if not exercised by early 2026. Mr. Allison had established this plan in order to effectuate an orderly process for exercising and selling before the date of forfeiture and sold 37,500 shares prior to the plan’s termination.
Each trading arrangement noted above is intended to satisfy the affirmative defense in Rule 10b5-1(c). No other director or Section 16 officer adopted or terminated any Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements, as such terms are defined in Item 408(a) of Regulation S-K, during the quarter ending March 31, 2025.
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