Form 4: Astrana Health Director Lam Sells Shares to Cover Tax Obligations

Director Thomas S. Lam of Astrana Health, Inc. sold shares to cover tax withholding obligations related to vesting restricted stock.

Summary

• Thomas S. Lam, a director at Astrana Health, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 5, 2025, Lam surrendered 9,235 shares of common stock at a price of $27.19 per share to cover tax withholding obligations associated with the vesting of restricted stock.
• Following the transaction, Lam directly owns 429,620 shares of common stock.
• Lam also indirectly owns 6,132,802 shares through Allied Physicians of California and 1,133,706 shares through the Thomas and Jeanette Lam 2002 Family Trust.
• The directly held shares include 77,500 shares of restricted stock vesting in three equal annual installments beginning March 5, 2026, and 26,667 shares vesting upon achievement of certain performance goals.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate any strategic shift or concern.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine transaction to cover tax obligations related to vested stock.

Key Dates