Form 4: Astrana Health Chief Accounting Officer Reports Share Transaction

Sentiment:

SEC Form 4 Filing


John Vong, Chief Accounting Officer of Astrana Health, Inc., reported a transaction involving the surrender of 636 shares to cover tax obligations related to vesting restricted stock.

Summary

  • John Vong, the Chief Accounting Officer of Astrana Health, Inc., filed a Form 4 indicating a transaction on November 12, 2024.
  • The transaction involved the disposal of 636 common stock shares at a price of $42.91 per share.
  • These shares were surrendered to cover tax withholding obligations associated with the vesting of restricted stock.
  • Following the transaction, Vong beneficially owns 17,654 shares of common stock.
  • This total includes 12,002 shares of restricted stock that will vest over time, and 76 shares acquired through the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a routine filing of a share transaction related to executive compensation, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and does not indicate any unusual activity within the company or the broader industry.

Comparison to Industry Standards

  • Form 4 filings are standard practice for company insiders and are common across all publicly traded companies.
  • The vesting schedules for restricted stock are typical for executive compensation packages.
  • The use of shares to cover tax obligations is a common practice.

Stakeholder Impact

  • The transaction has a minor impact on the total number of shares outstanding.
  • The vesting of restricted stock is part of the company's compensation strategy for its executives.

Key Dates

DateDescription
11/12/2024Date of the share transaction.
11/13/2024Date the form was signed.
07/11/2025First vesting date for some restricted stock.
07/11/2026Second vesting date for some restricted stock.
11/30/2024First vesting date for other tranches of restricted stock.
05/12/2025First vesting date for other tranches of restricted stock.

Keywords

Form 4, Astrana Health, Share Transaction, Beneficial Ownership, Restricted Stock, Tax Withholding, Employee Stock Purchase Plan, John Vong, Chief Accounting Officer

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