Ardent Health, Inc. (ARDT) Form 8-K — Oct 23, 2026

Ardent Health's Board determined on October 19, 2026 that facts discovered after his departure would have justified terminating former CEO Martin J. Bonick for Cause as of his June 2, 2026 separation date. The Cause finding stems from Bonick's failure to fully disclose third-party compensation required to be reported under company policies. As a result, the company will discontinue his remaining severance, including approximately $4.5 million in unpaid cash severance, and all outstanding unvested performance-based restricted stock units will be cancelled or forfeited.

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