Form 4: HCA Healthcare EVP and CFO Mike Marks Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Mike Marks, EVP and CFO of HCA Healthcare, reports changes in beneficial ownership of company stock due to trust transfers, with no net change in total ownership.
Summary
- On May 6, 2025, Mike Marks, EVP and CFO of HCA Healthcare, transferred 288 shares of HCA common stock from a trust account in exchange for assets of equal value at a price of $353.575 per share.
- This transfer resulted in a decrease in shares beneficially owned indirectly through the trust and a corresponding increase in shares owned directly, with no change in total ownership.
- On May 7, 2025, Marks transferred 285 shares of HCA common stock and cash to a trust account in exchange for assets of equal value at a price of $356.84 per share.
- This transfer also did not change the total number of shares of HCA common stock of which Marks may be deemed to have beneficial ownership.
- The reporting person also had multiple gift transactions of 466, 144, and 181 shares of common stock on May 6 and 7, 2025.
- After these transactions, Marks indirectly owns 43,405 shares through MAM 2020 Trust and 26,500 shares through LAM 2020 Trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Positives
- The transactions are reported as changes in the form of beneficial ownership, which are exempt under Rule 16a-13, suggesting compliance with regulations.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transactions have minimal direct impact on stakeholders, as they represent changes in the form of ownership rather than a significant change in the total number of shares owned by the reporting person.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Transfer of 288 shares from a trust account at $353.575 per share. |
| 05/07/2025 | Transfer of 285 shares and cash to a trust account at $356.84 per share. |
| 05/08/2025 | Date of signature for the Form 4 filing. |
Keywords
HCA Healthcare, Mike Marks, beneficial ownership, Form 4, stock transfer, trust, securities
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