Form 4: HCA Healthcare SVP Jennifer Berres Reports Stock Transactions
SEC Form 4 Filing
Jennifer Berres, SVP & Chief Human Resources Officer of HCA Healthcare, reports the acquisition and disposal of company stock, including sales at weighted average prices of $322.955 and $322.3061.
Summary
- Jennifer Berres, SVP & Chief Human Resources Officer at HCA Healthcare, filed a Form 4 detailing changes in beneficial ownership.
- On February 13, 2025, Berres acquired 1,588 shares of common stock and disposed of 407 shares to cover tax obligations at a price of $321.92.
- On February 14, 2025, Berres sold 4,155 shares at a weighted average price of $322.955 and 5,378 shares at a weighted average price of $322.3061.
- Following these transactions, Berres directly owns 20,790 shares of HCA Healthcare common stock.
- The transactions included the vesting of performance share units based on the company's achievement of cumulative earnings per share goals for fiscal years 2022-2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The transactions are typical for executives who receive stock-based compensation and periodically sell shares for diversification or tax purposes.
- Similar filings are made by executives at comparable healthcare companies like Universal Health Services and Tenet Healthcare.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- The transactions are unlikely to significantly affect employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| January 28, 2022 | Reporting person was granted 3,060 performance share units. |
| 2022-2024 | Fiscal years for cumulative earnings per share goal related to performance share units. |
| February 13, 2025 | Acquisition of 1,588 common stock shares and disposal of 407 shares. |
| February 14, 2025 | Sale of 4,155 and 5,378 common stock shares. |
| February 18, 2025 | Date of signature for the Form 4 filing. |
Keywords
HCA Healthcare, Jennifer Berres, stock transactions, Form 4, beneficial ownership, performance share units, insider trading
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