Form 4: Astrana Health Director Thomas Lam Executes Stock Option and Disposes Shares

Director Thomas Lam exercised stock options and disposed of shares of Astrana Health, Inc. on September 9, 2024.

Summary

• On September 9, 2024, Thomas Lam, a director of Astrana Health, Inc., exercised stock options to acquire 28,046 shares of common stock at a price of $18.65 per share.
• On the same day, Lam disposed of 11,046 shares at a price of $47.35.
• Following these transactions, Lam directly owns 398,855 shares of common stock.
• Lam also indirectly owns 1,107,474 shares through the Thomas and Jeanette Lam 2002 Family Trust and 7,132,698 shares through Allied Physicians of California, a Professional Medical Corporation.
• An exhibit details a Power of Attorney granted by Thomas Lam to Brandon Sim, Chandan Basho, John Vong, and Kathy Diep to handle SEC filings related to Astrana Health, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
• The transactions are typical for executives who receive stock options as part of their compensation.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as insider transactions are often scrutinized for signals about the company's prospects.

Key Dates