LUMSDAINE ALFRED 4

What Happened

• Alfred Lumsdaine, Chief Financial Officer of Ardent Health, Inc. (ARDT), was awarded 61,081 shares on March 11, 2026. The shares were reported as acquired at $0.00 (no cash paid) under a performance-vesting restricted stock unit award.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely).
• Consideration: $0.00 per share; total reported value $0 (award/grant).
• Shares owned following the transaction: not disclosed in the filing.
• Footnote: These 61,081 shares were earned based on 2024 and 2025 performance under RSUs originally granted July 18, 2024; vesting is contingent on continued service through December 31, 2026 (per footnote F1).
• No 10b5-1 plan, tax withholding, or sale information was reported for this transaction.

Context

• This was an award of performance-based restricted stock units, not an open-market purchase or sale. The shares are not yet vested and may be forfeited if service or performance conditions are not met by the vesting date (Dec 31, 2026). Awards like this reflect compensation/retention rather than an immediate vote of confidence via buying or selling.