Form 4: Astrana Health Director Linda Marsh Reports Stock Option Exercise and Share Disposals
SEC Form 4 Filing
Director Linda Marsh exercised stock options and disposed of shares of Astrana Health, Inc. on September 10, 2024.
Summary
- On September 10, 2024, Linda Marsh, a director of Astrana Health, Inc., exercised stock options to acquire 11,000 shares of common stock at a price of $15.35 per share.
- Following the exercise, Marsh disposed of 3,522 shares at $47.93 per share.
- After these transactions, Marsh directly owns 77,192 shares of Astrana Health common stock, including restricted stock that will vest on December 9, 2024, and August 13, 2025 (or the date of the 2025 annual meeting).
- The exercised stock options were fully vested and exercisable.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
- Similar filings are made by directors and officers of companies like UnitedHealth Group (UNH) and CVS Health (CVS) when they trade their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into director's actions.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of stock option exercise and share disposal. |
| 10/11/2024 | Expiration date of the stock options. |
| 09/12/2024 | Date of signature on the Form 4 filing. |
| 12/09/2024 | Vesting date for 3,650 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). |
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.