Form 4: HCA Healthcare Executive Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Joseph A. Sowell III, SVP and Chief Development Officer of HCA Healthcare, reports changes in beneficial ownership of company stock due to gift transactions.
Summary
- On August 5, 2024, Joseph A. Sowell III, a Senior Vice President and Chief Development Officer at HCA Healthcare, reported changes in his beneficial ownership of HCA's common stock.
- The reported transactions involve the gifting of 13,367 shares of common stock.
- 13,367 shares were disposed of and 13,367 shares were acquired.
- Following these transactions, Sowell directly owns 0 shares, and indirectly owns 18,526 shares through a 2023 Trust, 29,771 shares through a 2023 Spouse Trust, and 8,000 shares through a Trust where he is the trustee.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in stock ownership due to gifting; it doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies like HCA Healthcare.
Stakeholder Impact
- The transaction itself has minimal direct impact on stakeholders.
- Transparency in insider transactions helps maintain investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2009-12-10 | Date of execution for the Limited Power of Attorney for SEC Reporting Obligations. |
| 2024-08-05 | Date of the transaction involving the gifting of HCA Healthcare common stock. |
| 2024-08-07 | Date of signature for the Form 4 filing. |
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