secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056103
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Healthcare Trust increases restricted share reserve by 500,000 under Alignment Program
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- Board approved Second Amended and Restated Alignment of Interest Program on May 5, 2022.
- Additional 500,000 restricted shares reserved, bringing total pool to 1,000,000 shares.
- Previously 454,964 restricted shares had been issued under the prior program.
- Program allows eligible employees, officers, and directors to elect restricted stock in lieu of cash compensation.
- Restricted shares vest over multi-year periods (up to 8 years) with multiplier awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000110465922056103/0001104659-22-056103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000110465922056103/tm2214369d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056103

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