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    Regional Health Properties Inc. filed SEC Form 8-K: Leadership Update

    4/19/24 4:44:14 PM ET
    $RHE
    Real Estate
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    Get the next $RHE alert in real time by email
    rhe20240419_8k.htm
    false 0001004724 0001004724 2024-04-15 2024-04-15 0001004724 rhe:CommonStockNoParValueCustomMember 2024-04-15 2024-04-15 0001004724 rhe:SeriesARedeemablePreferredSharesNoParValueCustomMember 2024-04-15 2024-04-15
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    FORM 8-K

    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the
    Securities Exchange Act of 1934
     
    Date of report (Date of earliest event reported): April 15, 2024
     
    Regional Health Properties, Inc.
    (Exact Name of Registrant as Specified in Charter)
    Georgia
     
    001-33135
     
    81-5166048
    (State or Other Jurisdiction of
    Incorporation)
     
    (Commission
    File Number)
     
    (I.R.S. Employer
    Identification No.)
     
    1050 Crown Pointe Parkway
    Suite 720
    Atlanta, Georgia 30338
    (Address of Principal Executive Offices, and Zip Code)
     
    (678) 869-5116
    (Registrant’s telephone number, including area code)
     
    Not applicable.
    (Former Name or Former Address, if Changed Since Last Report)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
     
    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
     
    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
     
    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
     
    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each class
    Trading Symbol(s)
    Name of each exchange on which registered
    Common Stock, no par value
    RHE
    NYSE American
    Series A Redeemable Preferred Shares, no par value
    RHE-PA
    NYSE American
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
    Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
     
     

     
     
    Item 5.02.          Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     
    On April 15, 2024, Regional Health Properties, Inc. (the “Company”) appointed Heather L. Pittard, age 48, to serve as the Company’s Chief Accounting Officer. In this position, Ms. Pittard will serve as the Company’s principal accounting officer. Prior to joining the Company, Ms. Pittard served as a consultant from May 2019 to April 2024 providing manager-level accounting assistance to a variety of companies. From 2013 to 2019, Ms. Pittard served as the Chief Accounting Officer and Controller at Presidio Property Trust, Inc., a real estate investment trust. From 2000 to 2009, Ms. Pittard served as Audit Manager for PricewaterhouseCoopers LLP, an accounting firm. Ms. Pittard is a graduate of the University of Colorado at Boulder, where she earned a Bachelor’s degree in Accounting and Finance, as well as a Master’s degree in Accounting.
     
    Ms. Pittard will be paid an annual base salary of $180,000. Ms. Pittard will also be eligible for benefits customarily available to the Company’s employees.
     
    There are no arrangements or understandings between Ms. Pittard and any other person pursuant to which she was selected to serve as an officer of the Company. There are also no family relationships between Ms. Pittard and any director or executive officer of the Company, and she has no direct or indirect material interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
     
     

     
     
    SIGNATURES
     
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
         
    REGIONAL HEALTH PROPERTIES, INC.
           
           
    Date:
    April 19, 2024
     
    /s/ Brent Morrison
         
    Brent Morrison
         
    Chief Executive Officer and President
     
     
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