Form 4: Allied Physicians of California Distributes Astrana Health Shares to Stockholders

Allied Physicians of California, a significant shareholder of Astrana Health, distributed shares of Astrana Health common stock to its stockholders via a pro rata distribution.

Summary

• Allied Physicians of California (APC), a Professional Medical Corporation, distributed 699,896 shares of Astrana Health, Inc. common stock to its stockholders.
• The distribution was conducted on a pro rata basis and for no consideration.
• Following the transaction, APC directly owns 6,132,802 shares of Astrana Health.
• Dr. Kenneth Sim, Astrana Health's Executive Chairman, and Dr. Thomas Lam, Astrana Health's Vice Chairman, both hold positions in APC and disclaim beneficial ownership of the shares held by APC except to the extent of their pecuniary interest.
• The transaction was reported on February 15, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding a share distribution, with no inherent positive or negative implications. The sentiment is neutral.

Industry Context

Share distributions are sometimes used to restructure ownership or provide liquidity to shareholders. The impact on Astrana Health's stock price will depend on market perception of the distribution and the subsequent trading activity of the recipients.

Stakeholder Impact

• The share distribution may impact Astrana Health's shareholders depending on how the distributed shares are traded.
• The distribution could provide liquidity to the stockholders of Allied Physicians of California.

Key Dates

Keywords

Astrana Health, Allied Physicians of California, Share Distribution, Beneficial Ownership, Form 4, ASTH, Stockholders