buyNotable

Wayne T Smith bought $2.1M of CYH

director at COMMUNITY HEALTH SYSTEMS INC. 1,000,000 shares at an average of $2.11, traded Oct 31, 2023, filed Nov 1, 2023.

Conviction score

Value

$2.1M

1,000,000 shares

Holdings after

5,107,901

+24% from before

From 52-week low

+2%

low $2.09, close $2.14

From 52-week high

-73%

high $7.94, as of Oct 31, 2023

Score components

Role
Director
+15
Trade size
$2.1M at market
+25
Relative to holdings
Holdings up 24%
+6
Price context
2% above the 52-week low; 73% below the 52-week high
+18
Cluster
No other insider buying within 14 days
0
Repeat buying
First buy in 90 days
0
Track record
Too few past buys to judge (0 with prices)
0

What happened after comparable buys

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +31.9%, 3m +77.3%, 6m +66.2%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

CYHOct 12, 2026 · close 2.92

Since filing Nov 1, 2023: +41.1%SPY +90.9% · excess -49.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001209191-23-054022, as filed. Open on EDGAR

Date	Transaction	Shares	Price	Value	Holdings after	Filed
Oct 31, 2023	POpen-market purchase Common Stock	+1,000,000	$2.11	$2.1M	5,107,901	Nov 1, 2023

Related signals

Other insiders at COMMUNITY HEALTH SYSTEMS INC and this insider’s other filings.

Score	Company	Insider	Value	Holdings	Filed
45Moderate	CYHsell COMMUNITY HEALTH SYSTEMS INC	William Norris Jennings director	$118k 40,000 shares	-51%	Aug 25, 2026
39Weak	CYHsell COMMUNITY HEALTH SYSTEMS INC	Miguel S Benet President and CMO	$84k 23,875 shares	-30%	Feb 25, 2025

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.