Form 4: HCA Healthcare Director Michael Michelson Reports Changes in Beneficial Ownership

Director Michael Michelson reports acquisition and disposal of HCA Healthcare common stock and restricted share units.

Summary

• On April 29, 2025, Michael Michelson, a director of HCA Healthcare, Inc., reported changes in beneficial ownership of the company's common stock.
• Michelson acquired 1,173 shares of common stock.
• Michelson also disposed of shares, resulting in a total of 11,651 shares beneficially owned following the reported transactions.
• The transactions involve restricted share units that vest on the earlier of the 2026 annual shareholders' meeting or the first anniversary of the grant date.
• Vested shares will be delivered upon cessation of board membership.

Sentiment

Score: 5

Explanation: This is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted share units will vest on the sooner of the date of the 2026 annual shareholders' meeting of HCA Healthcare, Inc. or the first anniversary of the grant date, and vested shares will be delivered to the Reporting Person on the date the Reporting Person ceases to be a member of the Board of Directors of HCA Healthcare, Inc.

Industry Context

This filing is a routine disclosure related to insider trading and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

Keywords

HCA Healthcare, Michael Michelson, beneficial ownership, Form 4, restricted share units, director, common stock