Form 4: Health Catalyst Executive Linda Llewelyn Sells 2,005 Shares

Linda Llewelyn, Chief People Officer of Health Catalyst, Inc., sold 2,005 shares of common stock at a price of $7.8043 per share on March 15, 2024, according to a Form 4 filing.

Summary

• Linda Llewelyn, the Chief People Officer of Health Catalyst, Inc. (HCAT), reported a transaction involving the company's common stock.
• On March 15, 2024, Llewelyn sold 2,005 shares of common stock at a price of $7.8043 per share.
• Following the transaction, Llewelyn directly owns 128,231 shares of Health Catalyst common stock.
• The sale was executed under a pre-arranged trading plan adopted on May 23, 2023, in accordance with Rule 10b5-1.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction was pre-planned under Rule 10b5-1 and doesn't necessarily reflect the executive's current view of the company's performance.

Industry Context

Insider transactions are routinely monitored by investors to gauge executive sentiment regarding the company's prospects. A sale doesn't necessarily indicate a negative outlook, especially when executed under a pre-arranged trading plan.

Stakeholder Impact

• The sale of shares by an executive may cause short-term concern among shareholders, but the pre-planned nature of the transaction mitigates this concern.

Key Dates