Form 4: Astrana Health Chief Accounting Officer Reports Share Transaction

Astrana Health's Chief Accounting Officer, John Vong, surrendered 134 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 involving the company's common stock.
• On November 30, 2024, Mr. Vong surrendered 134 shares of common stock at a price of $43.25 per share.
• This transaction was to cover tax withholding obligations associated with the vesting of restricted stock.
• Following the transaction, Mr. Vong beneficially owns 17,520 shares of Astrana Health common stock.
• This total includes 11,622 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 regulatory filing related to an insider transaction, and does not indicate any positive or negative sentiment.

Industry Context

Form 4 filings are a standard part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are a common practice across all publicly listed companies in the US.
• The transaction is typical for executives receiving stock-based compensation, where shares are often surrendered to cover tax obligations upon vesting.
• The vesting schedule of the restricted stock is also a common practice for incentivizing long-term performance.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax-related transaction for an executive.

Key Dates

Keywords

Form 4, insider trading, share transaction, restricted stock, tax withholding, beneficial ownership, employee stock purchase plan, Astrana Health, ASTH, John Vong