Form 4: Astrana Health Director John Chiang Reports Stock Option Exercise and Share Disposal
SEC Form 4 Filing
Director John Chiang of Astrana Health, Inc. reports exercising stock options and disposing of shares on September 9, 2024.
Summary
- On September 9, 2024, John Chiang, a director of Astrana Health, Inc., executed a transaction involving the company's stock.
- Chiang exercised stock options to acquire 11,000 shares of common stock at a price of $15.35 per share.
- Following the exercise, Chiang disposed of 3,565 shares at $47.35 per share.
- After these transactions, Chiang directly owns 15,849 shares of Astrana Health common stock, which includes 4,750 shares of restricted stock vesting on December 9, 2024, and 3,564 shares of restricted stock vesting on August 13, 2025, or the date of the Issuer's 2025 annual meeting of stockholders.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in John Chiang's holdings of Astrana Health stock.
Stakeholder Impact
- Shareholders are informed about insider transactions, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of stock option exercise and share disposal. |
| 10/11/2024 | Expiration date of stock options. |
| 12/09/2024 | Vesting date for 4,750 shares of restricted stock. |
| 08/13/2025 | Vesting date for 3,564 shares of restricted stock, or the date of the Issuer's 2025 annual meeting of stockholders. |
| 09/11/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.