Brent Morrison, CEO and President of Regional Health Properties Inc. (NASDAQ:RHEP), increased his holdings with purchases totaling $30,469.
The transactions, reported in a Form 4 filing, occurred on May 20 and May 21, 2026. They involved both common stock and preferred shares. Prices ranged from $1.22 to $2.01 per share.
On May 20, Mr. Morrison bought 5,000 common shares indirectly through an IRA at $1.22-$1.34 per share.
The next day, he acquired 12,000 Series D 8% Cumulative Convertible Redeemable Preferred Shares at $1.98-$2.01 per share.
He now directly holds 309,499 common shares. According to Bond.az analysis, RHEP appears undervalued at current levels.
In other news, Regional Health Properties entered into forbearance agreements for $5.8 million in loans, effective February 1, 2026.
This article was generated with the support of AI and reviewed by an editor.
