Form 4: HCA Healthcare Executive Michael Cuffe Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Clinical Officer of HCA Healthcare, Michael S. Cuffe, reports multiple transactions involving company stock, including acquisitions, disposals, and a stock appreciation right exercise.
Summary
- Michael S. Cuffe, EVP and Chief Clinical Officer of HCA Healthcare, filed a Form 4 detailing changes in beneficial ownership of HCA stock.
- On May 6, 2024, Cuffe disposed of 1,600 shares of common stock at a price of $309 per share.
- On May 7, 2024, Cuffe acquired 18,660 shares through the exercise of a stock appreciation right at a price of $139.06.
- Also on May 7, 2024, Cuffe disposed of 12,349 shares at a price of $314.45.
- On May 8, 2024, Cuffe gifted 4,500 shares.
- Following these transactions, Cuffe beneficially owns 35,934.9692 shares of HCA Healthcare common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by an executive. The mix of acquisitions and disposals doesn't strongly indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into their confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 2015-02-03 | Date of Power of Attorney execution. |
| 2020-01-30 | First vesting date of stock appreciation rights. |
| 2024-05-06 | Disposition of 1,600 shares of common stock. |
| 2024-05-07 | Acquisition of 18,660 shares via stock appreciation rights and disposition of 12,349 shares. |
| 2024-05-08 | Gift of 4,500 shares. |
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